Stifel raised the firm’s price target on Carnival (CCL) to $33 from $31 and keeps a Buy rating on the shares. Based on continued strong close-in demand/pricing, the firm expects Carnival will be able to raise their full-year guidance “once again” when they report their fiscal Q2 results sometime in late-June, the analyst tells investors. The firm still believes upside exists based on “a series of positive catalysts that should play out over the next six-to-twelve months,” the analyst added.
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