Wells Fargo analyst Daniel Politzer raised the firm’s price target on Royal Caribbean (RCL) to $297 from $272 and keeps an Overweight rating on the shares. The firm notes Royal Caribbean’s Q4 results/Q1 guide came in better, while FY25 guide reflects yields that appear conservative and an impressive cost guide. Wells likes the setup into Royal Caribbean’s Mar 4 CMD as its ecosystem expands.
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