Truist Securities Maintains Hold on Carnival, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes has maintained a Hold rating on Carnival Corporation (NYSE:CCL) but reduced the price target from $17 to $15.
November 21, 2023 | 5:10 pm
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Truist Securities has maintained a Hold rating on Carnival Corporation but lowered the price target from $17 to $15, indicating a more cautious outlook on the stock's value.
The reduction in price target by Truist Securities suggests that the analyst sees less upside potential for Carnival's stock price in the short term. This could lead to a negative investor sentiment and a possible decrease in the stock price as the market adjusts to the new price target.
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