Macquarie raised the firm’s price target on Royal Caribbean (RCL) to $250 from $189 and keeps an Outperform rating on the shares. Royal reported another quarter ahead of guidance and market expectations, the analyst tells investors in a research note. The firm says the company’s continued positive momentum supports the higher price target
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Read More on RCL:
- Norwegian Cruise Line price target raised to $19 from $17.50 at Morgan Stanley
- Royal Caribbean price target raised to $210 from $205 at BofA
- Royal Caribbean price target raised to $232 from $180 at Wells Fargo
- Royal Caribbean price target raised to $257 from $253 at Citi
- Royal Caribbean price target raised to $245 from $244 at Barclays