Barclays Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Overweight rating on Royal Caribbean Group (RCL) and increased the price target from $141 to $143.
January 19, 2024 | 1:17 pm
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Barclays has reaffirmed its Overweight rating on Royal Caribbean Group and raised its price target from $141 to $143, indicating a positive outlook on the stock.
The increase in price target by a major financial institution like Barclays suggests a bullish sentiment on RCL's future performance. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
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