Carnival Stock In Strong Bullish Trend Ahead Of Q2 Earnings: Why Analyst Sees 'Multiyear Portfolio Opportunity'
Portfolio Pulse from Surbhi Jain
Carnival Corp (NYSE:CCL) is set to report Q2 earnings with Wall Street expecting -20 cents in EPS and $5.7 billion in revenues. The stock is in a strong bullish trend, trading above key moving averages and showing positive technical indicators. Analysts have a Buy rating with a price target of up to $21, indicating a potential 25% upside.
June 24, 2024 | 7:12 pm
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Carnival Corp is showing strong bullish momentum ahead of its Q2 earnings report. Technical indicators are positive, and analysts have a Buy rating with a price target of up to $21, suggesting a potential 25% upside.
The stock is trading above key moving averages and technical indicators like MACD and Bollinger Bands suggest bullish momentum. Analysts' price targets indicate significant upside potential.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100