Morgan Stanley Maintains Underweight on Carnival, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Jamie Rollo has maintained an Underweight rating on Carnival (NYSE:CCL) and lowered the price target from $11.5 to $11.
October 03, 2023 | 2:08 pm
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Morgan Stanley has maintained an Underweight rating on Carnival and lowered the price target, which could negatively impact the stock's price.
The lowered price target by Morgan Stanley indicates a bearish outlook for Carnival. This could lead to a decrease in the stock's price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100