Citigroup Reinstates Buy on Royal Caribbean Gr, Announces $127 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst James Hardiman has reinstated a Buy rating on Royal Caribbean Group (RCL) with a price target of $127.
November 21, 2023 | 4:50 pm
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Citigroup analyst James Hardiman reinstated a Buy rating on Royal Caribbean Group with a $127 price target.
The reinstatement of a Buy rating by a major financial institution like Citigroup, accompanied by a significant price target, is a strong positive signal for the stock. It suggests confidence in the company's future performance and may lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100