Truist Securities Maintains Sell on Carnival, Raises Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Patrick Scholes maintains a 'Sell' rating on Carnival (NYSE:CCL) but raises the price target from $11 to $16.
July 18, 2023 | 1:55 pm
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NEUTRAL IMPACT
Despite the 'Sell' rating maintained by Truist Securities on Carnival, the raised price target from $11 to $16 indicates a potential upside.
The 'Sell' rating indicates that Truist Securities believes Carnival's stock price will decline. However, the raised price target from $11 to $16 suggests that they see some potential upside. This could create a mixed sentiment among investors, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100