Carnival price target raised to $25 from $23 at Tigress Financial

Tigress Financial raised the firm’s price target on Carnival to $25 from $23 and keeps a Buy rating on the shares. The analyst says the company’s booking trends continue to new record levels, driven by strong consumer demand for cruise travel. Carnival’s ongoing operating efficiencies and capacity growth will drive increasing revenue and profitability, says the firm, which views the recent pullback in the shares as a “major buying opportunity.”