Reported 4 months ago
Patrick Scholes, Managing Director of Lodging and Leisure Equity Research at Truist Securities, raised the price target on Royal Caribbean Cruises to $175 and lowered Carnival Corporation's to $17. He also upgraded Norwegian Cruise Line Holdings, stating that its progress hasn't been fully appreciated by the market. Scholes highlighted Norwegian's opportunity for development with its private island, Great Stirrup Key, which has significant revenue potential as compared to competitors. This article provides expert insight and analysis on the cruise sector's latest developments and stock updates.
Source: YAHOO