Mizuho analyst Ben Chaiken raised the firm’s price target on Carnival (CCL) to $37 from $35 and keeps an Outperform rating on the shares ahead of the Q3 report. The firm finds the stock “compelling” with Celebration Key ramping and the pullback over the last month. Carnival posting a “solid” Q3 report could serve as a “clearing event for what is a very compelling long-term story with private islands ramping, and capital return on the horizon,” the analyst tells investors in a research note.
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