Melius Research Upgrades Carnival to Buy, Announces $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Melius Research analyst Conor Cunningham upgraded Carnival Corporation (NYSE:CCL) from Hold to Buy and set a price target of $19.

November 27, 2023 | 1:06 pm
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Carnival Corporation (CCL) was upgraded by Melius Research from Hold to Buy with a price target of $19, indicating a positive outlook on the stock.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a better-than-expected future performance. The new price target of $19 implies a potential upside from the current trading price, which may attract investors.
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