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Carnival price target raised to $38 from $34 at Stifel

Stifel analyst Steven Wieczynski raised the firm’s price target on Carnival (CCL) to $38 from $34 and keeps a Buy rating on the shares. Based on continued strong close-in demand and pricing, the firm expects Carnival “will be in a beat/raise position once again” when they report on September 29, the analyst tells investors in a preview. Recent worries around erosion in 2026 pricing and demand “seem flawed” based on the firm’s conversations with the agent community and the operators themselves, the analyst added.

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