1 Wall Street Analyst Thinks Carnival Stock Is Going to $19. Is It a Buy?
CCLCarnival (CCL) The Motley Fool·2024-04-02 20:31

An analyst just reduced his price target for Carnival (CCL -0.49%), but he still thinks investors should come aboard the cruise line operator's stock. That view is a popular one, given that the company has recovered well from the hard hit it took during the coronavirus pandemic. Recently, though, its share price is getting dinged. Is the analyst in question right that investors would gain by buying the stock on its recent weakness? Carnival's price target was cut, but the buy rating remains The steadfast bu ...