Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on Royal Caribbean to $127 from $85 and keeps a Positive rating on the shares. The firm said The company looks to be on course to hit its Trifecta targets earlier than expected, with “modest” yield growth and low-SD increase in unit costs for FY24 putting the liner into “triple-digit” adjusted EBITDA p/APCD a year ahead of target.
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