Barclays lowered the firm’s price target on Royal Caribbean to $127 from $132 and keeps an Overweight rating on the shares ahead of the Q3 report. The analyst expects a Q3 beat, “in-line-ish” Q4 guidance, “solid tone” regarding trending demand into 2024, and a continued recalibration of 2024 costs.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on RCL:
- Norwegian Cruise Line Stock (NYSE:NCLH) Can Sail to Upside Despite Uncertainty
- Early notable gainers among liquid option names on October 4th
- Norwegian Cruise Line Stock (NYSE:NCLH): Take Advantage of the Inexplicable Drop
- RCL, CCL: Cruise Stocks Tick Up as the Environment Improves
- Dell upgraded, Starbucks downgraded: Wall Street’s top analyst calls