Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on Royal Caribbean (RCL) to $275 from $295 and keeps a Positive rating on the shares. The firm view the company’s FY25 EPS guidance and comments today as fair and balanced, with less than 15% of inventory risk for FY25 and a persistent value gap versus land-based vacations helping to support yield growth deeper into 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- Royal Caribbean price target raised to $263 from $249 at Barclays
- Royal Caribbean Reports Strong Q1 and Raises Guidance
- Royal Caribbean’s Strong Financial Performance and Positive Outlook Justify Buy Rating
- Royal Caribbean Cruises Reports Record Q1 Performance
- Royal Caribbean: Resilient Stock with Strong Booking Patterns and Long-Term Upside Potential