Wells Fargo analyst Daniel Politzer raised the firm’s price target on Royal Caribbean (RCL) to $232 from $180 and keeps an Overweight rating on the shares. The firm notes Royal Caribbean’s Q3 was modestly better than expected and its Q4 guide mixed, but importantly, 2025 looks promising with $14-plus EPS that Wells thinks edges higher over time, while its Q1 2025 Investor Day provides a catalyst.
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