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Carnival Posts Strong Q3 Earnings, Analysts Suspect 'Some Conservatism Built Into Q4 Guidance'
Tuesday, October 1, 2024 - 11:30am | 655Shares of Carnival Corp (NYSE:CCL) tanked in early trading on Tuesday, even after the company reported upbeat third-quarter earnings. The Miami-based company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities analyst Patrick Scholes...
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Norwegian Cruise Line Analysts Give Takeaways On Q3 Print, As The Stock Rebounds 38% In Past Month
Wednesday, November 9, 2022 - 12:47pm | 379Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) on Tuesday reported third-quarter revenues ahead of street expectations. Morgan Stanley On Norwegian Cruise Line Analyst Jamie Rollo maintained an Equal Weight rating, with a price target of $13. “3Q EBITDA was in-line with MSe, but missed...
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Chart Wars: Between Carnival And Royal Caribbean Stocks — Which Bounce Will Be Higher?
Thursday, June 30, 2022 - 3:39pm | 644Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises, Ltd (NYSE: RCL) reached new 52-week lows on Thursday after plunging 13% and 10%, respectively on Wednesday in response to a series of analysts weighing in on the stocks. Morgan Stanley analyst Jamie Rollo maintained Underweight on...
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Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean
Wednesday, June 3, 2020 - 11:49am | 523The shares of a number of cruise liners have been hit due to the coronavirus pandemic that's continuing to harm the travel industry. Morgan Stanley downgraded cruise liners Wednesday and said it expects cruises to resume in the fourth quarter. The Cruise Lines Analyst Jamie Rollo...
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Full Impact Of Thomas Cook Collapse Unclear: 'Another Sore Spot For The Eurozone'
Wednesday, September 25, 2019 - 11:16am | 552British holiday operator Thomas Cook collapsed Monday after negotiations aimed at saving the 178-year-old holiday operator failed, and analysts say the impact on the airline industry is unknown. The closure has also triggered the biggest-ever peacetime repatriation aimed at bringing more than 150,...
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Morgan Stanley Analyzes The Lodging Sector's M&A Potential
Friday, December 8, 2017 - 1:07pm | 513The hotel space could certainly get a little cozier. Amid market fragmentation and rising competition from alternative accommodations, Morgan Stanley sees prospects for consolidation. The Ratings Analyst Thomas Allen reiterated Overweight ratings on Hilton Worldwide Holdings Inc (NYSE: HLT) and...
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Carnival Downgraded At Morgan Stanley; Agents' Survey Shows Weak August
Friday, September 2, 2016 - 8:25am | 357Morgan Stanley’s Jamie Rollo mentioned the monthly agents' survey revealed cruise demand softened in August while prices also weakened. Rollo downgraded the rating on Carnival Corp (NYSE: CCL) from Equal Weight to Underweight, while lowering the price target from $54 to $48. “With the...
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Morgan Stanley Downgrades InterContinental Hotels
Thursday, March 17, 2016 - 9:18am | 204Morgan Stanley issued a report on InterContinental Hotels Group PLC (ADR) (NYSE: IHG) after analysis showed that RevPAR growth is slowing and there may be few M&A opportunities. Analysts downgraded InterContinental Hotels from Overweight to Equal-weight with a 3,050p price target. Analysts...
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UPDATE: Morgan Stanley Initiates Coverage on Aramark
Tuesday, January 21, 2014 - 10:34am | 170In a report published Tuesday, Morgan Stanley analyst Jamie Rollo initiated coverage on Aramark (NYSE: ARMK) with an Overweight rating and $29.00 price target. According to the report, as major productivity initiatives are underway, ARMK is experiencing margin improvement, narrowing the gap with...
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UPDATE: Morgan Stanley Downgrades Carnival Corporation on Negative Outlook
Wednesday, September 25, 2013 - 9:35am | 113In a report published Wednesday, Morgan Stanley analyst Jamie Rollo downgraded the rating on Carnival Corporation (NYSE: CCL) from Equal-Weight to Underweight, but reiterated the $32.00 price target. In the report, Morgan Stanley noted, “We cut EPS 28% in F14 and 16% in F15 and move to Underweight...