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Carnival Catches Wave Of Bullish Analysts After Q2 Earnings Beat: 'Firing On All Cylinders'

Benzinga ·  Jun 27 02:40

Carnival Corp.(NYSE:CCL) experienced a significant wave of investment bank analysts raising the cruise line's year-ahead price targets on Wednesday, responding to the company's robust earnings report and optimistic guidance for the remainder of the year.

Shares of Carnival Corp. rose 2% to $18.18 by 12:30 p.m. ET on Wednesday, eyeing the seventh straight session of gains, the longest streak since December 2023.

Goldman Sachs Raises Price Target From $22 to $23

Goldman Sachs analystLizzie Doveincreased Carnival's price target from $22 to $23, implying a 29% upside from Tuesday's close.

"Bookings and pricing momentum are firing on all cylinders and...

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