Barclays analyst Brandt Montour raised the firm’s price target on Royal Caribbean (RCL) to $154 from $150 and keeps an Overweight rating on the shares ahead of the Q1 report. Following bullish company meetings in early March, the analyst expects positive demand and yield updates from Royal when it reports, offset to some extent by adverse fuel prices and currency moves. The firm feels “most confident in a beat-and-raise” from Royal but ads improving indications for summer travel in Europe also points to upside from Norwegian Cruise Line (NCLH).
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