Barclays raised the firm’s price target on Carnival (CCL) to $33 from $30 and keeps an Overweight rating on the shares post the Q2 report. The company reported a “clean beat and raise good enough for a quarter” that included President Trump’s Liberation Day and escalating conflict in the Middle East, the analyst tells investors in a research note. The firm says Carnival’s “confident tone” regarding low-income consumers, private islands, long-term targets, and new loyalty program “should all help to keep the wind” at the company’s back.
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