Barclays raised the firm’s price target on Royal Caribbean (RCL) to $244 from $195 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the cruise lines. Underlying momentum appears to be accelerating, but expectations are high going into earnings, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- Royal Caribbean, Goldbelt to explore co-developing new port in Juneau, Alaska
- Royal Caribbean price target raised to $230 from $200 at Stifel
- These 2 Top-Scoring Cruise Stocks Deserve a Closer Look, Says Citi
- Norwegian Cruise Line (NCLH) Stock, Up 40%, Is Just Getting Started
- Early notable gainers among liquid option names on October 9th