JPMorgan upgrades Carnival as momentum for the cruise industry grows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Carnival's post-pandemic recovery is not just a short-term boom, but an indication of more sustainable business strength, says JPMorgan.

Amid "continued demand momentum" for the cruise industry, JPMorgan is bullish on Carnival . The bank upgraded the cruise liner's shares to overweight from neutral in a Monday note. Analyst Matthew Boss also raised his price target to $16 from $11, implying more than 22% upside from Friday's close.

Boss underscored Weinstein's comments that Carnival is "no longer riding the coattails of a post-pause pent-up." "Multi-year, CCL has six private destinations around the Caribbean and is leveraging its land-based assets to drive further value creation into 2H25 with a meaningful expansion of Half Moon Cay by building a pier to bring larger ships and improve shoreside guest experience," said Boss.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen