Royal Caribbean price target raised to $150 from $143 at Barclays

Barclays raised the firm’s price target on Royal Caribbean to $150 from $143 and keeps an Overweight rating on the shares. The company gave upbeat guidance that still left plenty of room for another beat-and raise year, while the firm’s two key concerns – Red Sea and European demand – were positively addressed, the analyst tells investors in a research note. Barclays remains positive on Royal Caribbean given its “impressive momentum in fundamentals and an attractive catalyst path ahead”.