Reported 10 days ago
Analysts have increased their price targets for Carnival Cruise Lines due to a rebound in the cruise industry and growing consumer spending, particularly as 'Travel Tuesday' gains traction. Carnival reported significant growth, with revenues rising 15% year-over-year and adjusted earnings exceeding expectations. Bank of America Securities raised its target for Carnival stock, citing improved fleet performance and strong market fundamentals as more customers return to cruise travel post-pandemic.
Source: YAHOO