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4 Reasons Carnival Shares May Keep Sailing North
Wednesday, August 2, 2023 - 10:24am | 822Up 129% year-to-date, Carnival Corporation & plc (NYSE: CCL) is one of five S&P 500 stocks that have doubled in 2023. Rival Royal Caribbean is another. The unlikely pair is tucked between mega cap technology companies NVIDIA (NASDAQ: NVDA), Meta Platforms (NASDAQ: META) and Tesla (NASDAQ:...
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Cruise Stocks Expect Tailwind Profits As Credit Card Travel Spending Runs Hot This Summer
Wednesday, May 17, 2023 - 12:10pm | 472Carnival Corp. (NYSE: CCL), Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), and Royal Caribbean Cruises Ltd. (NYSE: RCL) stand to benefit from an increase in spending in the coming months. The trend should help these companies offset the losses they inherited from the Covid-19 outbreak. See Also...
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Deutsche Bank 'Taking A Break' On Carnival Ahead Of Friday's Earnings
Monday, March 23, 2015 - 8:30am | 207In a report published Monday, Deutsche Bank analyst Richard Carter downgraded shares of Carnival Corporation (NYSE: CCL) to Hold from Buy with a price target raised to $51 from a previous $48 ahead of the company's first quarter results on Friday. According to Carter, Carnival's first quarter will...
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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Is An Outbreak On A Cruise Ship Cause For Investor Concern?
Thursday, January 30, 2014 - 2:12pm | 512A Royal Caribbean (NYSE: RCL) ship on Wednesday returned to port in New Jersey after hundreds of passengers fell ill. The Explorers of the Sea experienced an outbreak that sickened 630 passengers and 54 crew members, according to the Centers for Disease Control and Prevention. The culprit is...
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Credit Suisse- Initiating Royal Caribbean (RCL) with a Neutral.
Tuesday, April 20, 2010 - 5:09pm | 292Credit Suisse is initiating coverage of Royal Caribbean Cruises (NYSE: RCL) with a Neutral. Credit Suisse analyst, T. Ramskill put a Target Price on RCL of $32.80 He believes that RCL shares are a better buy than rival Carnival Cruise (NYSE: CCL). "Magnitude of rising yield guidance is key:...
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S&P lowered Royal Caribbean (RCL) to Buy from Strong Buy
Tuesday, March 16, 2010 - 6:21pm | 239S&P lowered Royal Caribbean (NYSE: RCL) to Buy from Strong Buy, in the Mar.17, edition of Outlook. However, S&P raised their price target from $28 to $30. A little after the fact, since the stock is trading at $31.00 The stock has had a nice little run recently, it’s up 20% year to...