Barclays raised the firm’s price target on Royal Caribbean to $165 from $154 and keeps an Overweight rating on the shares. The company reported “another flawless quarter,” with re-accelerating near-term demand and a “compelling story for 2025 taking further shape,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- RCL Earnings: Royal Caribbean Sails Past Q1 Estimates, Hikes Outlook
- ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND
- Notable companies reporting before tomorrow’s open
- RCL Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Carnival Corporation Stock (NYSE:CCL): Huge Debt Pile Is a Limiting Factor