CCL - Carnival Q1 Earnings Reflect Pricing Strength Analyst Says: 'Solid Beat Across The Board' | Benzinga
Shares of Carnival Corp (NYSE: CCL) tanked in early trading on Thursday, after the company reported earnings for its first quarter.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.
- JPMorgan analyst Matthew Boss reiterated an Overweight rating, while raising the price target from $22 to $23.
- Stifel analyst Steven Wieczynski reaffirmed a Buy rating, while lowering the price target from $26 to $25.
- Goldman Sachs analyst Lizzie Dove maintained a Buy rating, while lifting the price target from $20 to $22.
- BofA Securities analyst Andrew Didora reiterated a Buy rating and price target of $23.
Check out other analyst stock ratings.
JPMorgan: Carnival reported a narrower-than-expected loss for its first quarter, "with upside across both the top and bottom line,” Boss said in a note. CEO Josh Weinstein indicated that all nine brands of the company are improving, with two brands "fully recovered,” he added.
Weinstein also said that Carnival is now "even better positioned” ...