Susquehanna Maintains Positive Rating for Royal Caribbean Gr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna has maintained its Positive rating for Royal Caribbean Gr (NYSE:RCL) but lowered its price target from $127.00 to $120.00. The new price target represents a potential 38.65% increase from the current share price. Royal Caribbean's shares are trading up 0.8% over the last 24 hours.
October 31, 2023 | 5:00 pm
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POSITIVE IMPACT
Susquehanna has maintained its Positive rating for Royal Caribbean Gr but lowered its price target. This could potentially lead to increased investor interest in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, while Susquehanna has lowered its price target for RCL, it has maintained a Positive rating, which could still be seen as a positive signal by investors. This could potentially lead to increased buying pressure in the short term, driving the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100