Carnival named short-term buy idea at Deutsche Bank

Deutsche Bank analyst Chris Woronka placed a "Catalyst Call: Buy" on shares of Carnival as a short-term investment idea. The shares remain Hold rated. The company reports fiscal Q1 results on Monday March 27 and the report is likely to elicit a positive reaction from the stock, based primarily on weakening sentiment heading into the print, the analyst tells investors in a research note. The firm believes the bar is low for Carnival’s outlook for the remainder of fiscal 2023.