Carnival shares are trading lower after Morgan Stanley maintained an Underweight rating and lowered its price target from $11.5 to $11.
Portfolio Pulse from Benzinga Newsdesk
Carnival Corporation's shares are trading lower after Morgan Stanley maintained an Underweight rating and lowered its price target from $11.5 to $11.
October 03, 2023 | 2:47 pm
News sentiment analysis
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NEGATIVE IMPACT
Carnival Corporation's stock price is expected to be negatively impacted due to Morgan Stanley's Underweight rating and lowered price target.
Morgan Stanley's Underweight rating and lowered price target indicate a bearish outlook for Carnival Corporation. This negative sentiment is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100