Barclays Maintains Overweight on Carnival, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Overweight rating on Carnival (NYSE:CCL) and increased the price target from $24 to $25.
March 28, 2024 | 12:03 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Carnival and raised the price target from $24 to $25.
The increase in the price target by Barclays, along with the maintenance of an Overweight rating, suggests a positive outlook for Carnival's stock. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as the market reacts to the analyst's upgraded expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100