Deutsche says Carnival, Royal Caribbean valuations attractive Deutsche Bank raised its price target for Carnival (CCL) to $47 from $40 and for Royal Caribbean (RCL) to $41 from $39 and reiterates Buy ratings on both stocks. The firm says falling industry supply should drive pricing power and finds the valuations of both names attractive.
News For CCL;RCL From The Last 14 Days
Check below for free stories on CCL;RCL the last two weeks.
Royal Caribbean Q2 results likely to be positive catalyst, says Stifel Stifel predicts that Royal Caribbean's Q2 results will improve sentiment towards the name, as it believes that worries about the outlook for Caribbean cruises are overdone. The firm keeps a $65 price target and Buy rating on the shares.