Carnival shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and $20 price target.
Portfolio Pulse from Benzinga Newsdesk
Carnival Corporation's stock (CCL and CUK) is trading higher following Goldman Sachs' initiation of coverage with a Buy rating and a $20 price target.

March 13, 2024 | 3:43 pm
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POSITIVE IMPACT
Carnival Corporation's stock (CCL) is trading higher after Goldman Sachs initiated coverage with a Buy rating and a $20 price target.
Goldman Sachs' initiation of coverage with a Buy rating and a $20 price target is a strong positive signal for investors, likely leading to increased investor confidence and a short-term rise in CCL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Carnival Corporation's stock (CUK) is trading higher after Goldman Sachs initiated coverage with a Buy rating and a $20 price target.
The initiation of coverage by Goldman Sachs with a Buy rating and a $20 price target for Carnival Corporation positively impacts CUK shares, suggesting a likely increase in stock price in the short term due to heightened investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90