Deutsche Bank Maintains Hold on Carnival, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Chris Woronka has maintained a Hold rating on Carnival Corporation (NYSE:CCL) and increased the price target from $14 to $18. This adjustment reflects a more positive outlook on the company's stock value.
December 22, 2023 | 10:07 am
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Deutsche Bank's analyst has maintained a Hold rating on Carnival but raised the price target from $14 to $18, indicating a potential upside for the stock.
The increase in price target by a major bank suggests a more optimistic view on Carnival's future stock performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as the market often reacts positively to higher analyst price targets.
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