Susquehanna said he is aware of growing concerns that leisure demand might be slowing, with recent updates from ultra-low-cost airlines however, advertised fares for Carnival and its peers remain healthy, with the longer booking curve and more involved planning process for cruise travel an important nuance to consider when gauging travel demand. The company is due to report next week and he will be closel watching trends within onboard spend and pre-cruise packages, with its messaging key for shaping sentiment into year-end. Ssuquehanna maintains its Positive rating and $17 price target on Carnival shares.
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