Stifel Maintains Buy Rating for Royal Caribbean Gr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Royal Caribbean Gr (NYSE:RCL) but lowered its price target from $135.00 to $130.00. The current share price is $98.37, meaning the new target represents a 32.15% increase. Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands.
September 15, 2023 | 5:00 pm
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Stifel maintains its Buy rating for Royal Caribbean Gr but lowers its price target. This could potentially lead to a short-term decrease in the stock price.
Stifel's decision to maintain its Buy rating indicates a positive outlook for RCL. However, the lowering of the price target could be interpreted as a less optimistic view on the company's short-term performance, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100