Argus Research Maintains Buy on Carnival, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Staszak has maintained a Buy rating on Carnival Corporation (NYSE:CCL) but has lowered the price target from $23 to $20.

April 01, 2024 | 4:06 pm
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Argus Research maintains a Buy rating on Carnival but lowers the price target from $23 to $20.
While the maintenance of a Buy rating indicates a positive outlook on Carnival's stock, the reduction in the price target could signal tempered expectations for the stock's short-term performance. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100