Morgan Stanley Maintains Equal-Weight on Royal Caribbean Gr, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Jamie Rollo has maintained an Equal-Weight rating on Royal Caribbean Group (RCL) and increased the price target from $100 to $115.
February 07, 2024 | 8:39 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Royal Caribbean Group but raised the price target from $100 to $115.
The increase in price target by a reputable analyst like Jamie Rollo from Morgan Stanley suggests a positive outlook on Royal Caribbean Group's stock. This adjustment reflects an expectation of stronger performance or favorable market conditions for RCL, likely leading to increased investor confidence and potentially a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100