Is Carnival Stock Going to $27? One Wall Street Analyst Thinks So.
CCLCarnival (CCL) The Motley Fool·2024-09-26 23:41

Is this range-bound cruise stock going to break out to new highs?Carnival (CCL 3.38%) will report earnings results for the fiscal third quarter on Sept. 30. Despite strong demand for cruise vacations, the shares have been range-bound this year, but Stifel Financial analyst Steven Wieczynski believes a better-than-expected earnings release could send the stock higher.The analyst kept a buy rating on the shares and raised his price target from $25 to $27, representing upside of 44% from the current share pric ...