Cruise line stocks rally after JPMorgan says booking momentum is not slowing - $CCL $RCL $NCLH

Benzinga
Benzinga
  • 11 months ago
Carnival Corp (NYSE:CCL) shares are trading higher Monday after multiple analysts upgraded the stock and raised their respective price targets.

What Happened: JPMorgan analyst Matthew Boss upgraded Carnival from a Neutral rating to an Overweight rating and raised the price target from $11 to $16.

BofA Securities analyst Nicholas Thomas also upgraded Carnival from Neutral to Buy and raised the price target from $11 to $20.

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