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

Stifel raised the firm’s price target on Carnival to $26 from $25 and keeps a Buy rating on the shares after having recently hosted the company’s CEO and SVP of investor relations for a series of investor meetings. The recent “unjustified underperformance” relative to peers has presented an attractive buying opportunity, argues the firm, as it does not believe Carnival’s long-term “SEA Change” targets are being properly accounted for.