Carnival price target lowered to $25 from $26 at Stifel

Stifel lowered the firm’s price target on Carnival to $25 from $26 and keeps a Buy rating on the shares. Following Carnival’s quarterly “solid beat across the board,” the firm tells investors “there is no doubt in our mind that if consumer demand stays status quo,” Carnival’s revised $5.6B EBITDA guidance “should end up well north of $5.8B.”