Stifel Maintains Buy Rating for Carnival: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Carnival (NYSE:CCL) but lowered its price target from $22.00 to $20.00. Carnival's shares are currently trading down 1.6% at $13.50 per share. A move to $20.00 would represent a 48.15% increase from the current share price.
October 02, 2023 | 5:00 pm
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Stifel has maintained its Buy rating for Carnival but lowered its price target. This could potentially lead to a 48.15% increase in Carnival's share price.
Stifel's maintained Buy rating indicates a positive outlook for Carnival's stock. However, the lowering of the price target may reflect some concerns about the company's future performance. Despite this, the new target price still represents a significant potential increase from the current share price, which could attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100