Truist Securities Upgrades Royal Caribbean Gr to Buy, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes has upgraded Royal Caribbean Gr (NYSE:RCL) from Hold to Buy and raised the price target from $115 to $137.
September 19, 2023 | 10:23 am
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POSITIVE IMPACT
Royal Caribbean Gr (NYSE:RCL) has been upgraded from Hold to Buy by Truist Securities, with a raised price target from $115 to $137.
The upgrade from Hold to Buy indicates that the analyst believes the stock will outperform the market or its sector in the short term. The raised price target suggests the analyst believes the stock has a higher potential upside than previously thought. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100