Barclays raised the firm’s price target on Carnival to $26 from $25 and keeps an Overweight rating on the shares. The company’s Q3 report and Q4 guidance “doesn’t check all of the boxes,” but bullish underlying demand indicators and commentary keep the 2025 upside intact, the analyst tells investors in a research note. The firm says that while not the “cleanest beat-and-raise,” it was another quarter of solid key performance indicators.
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