Barclays raised the firm’s price target on Carnival (CCL) to $30 from $26 and keeps an Overweight rating on the shares as part of a Q2 earnings preview. The firm is looking for a “steady tone” from management regarding the demand and yield outlook. When coupled with a Q2 beat and fiscal year earnings guidance raise, this “should be good enough for shares,” the analyst tells investors in a research note. Barclays expects prior concerns over 2026 bookings and yields to abate.
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