Carnival shares are trading higher after Truist Securities maintained a Hold rating on the stock and raised its price target from $17 to $20. The company announced an order for three new ships for its namesake Carnival Cruise Line brand for a new class of vessel.
Portfolio Pulse from Benzinga Newsdesk
Carnival shares are trading higher after Truist Securities maintained a Hold rating and raised its price target from $17 to $20. The company also announced an order for three new ships for its Carnival Cruise Line brand.
July 23, 2024 | 3:11 pm
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Carnival shares are trading higher after Truist Securities maintained a Hold rating and raised its price target from $17 to $20. Additionally, Carnival announced an order for three new ships for its Cruise Line brand.
The increase in price target from $17 to $20 by Truist Securities is a positive signal for investors, indicating confidence in the company's future performance. Additionally, the order for three new ships suggests expansion and growth for Carnival's Cruise Line brand, further boosting investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100