Carnival Corporation Ltd (NYSE:CCL) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now.
A number of sell-side firms, including Wells Fargo, Argus Research, Susquehanna, and Citi, recently raised their price targets on Carnival Corporation Ltd (NYSE:CCL), signaling a more positive outlook for the stock
Based on a report released on June 25, Wells Fargo analyst Trey Bowers raised the firm’s price target on the shares from $36 to $38 while maintaining a Buy rating. The firm’s assigned price target implies an additional 30% upside from here on. Stifel Nicolaus joined Wells Fargo in increasing its price target on Carnival Corporation Ltd (NYSE:CCL), marking its second price target increase on the stock in June.
As per the latest update, Stifel Nicolaus analyst Steven Wieczynski raised the firm’s price target on the shares from $36 to $37 and kept a Buy rating on June 24. Earlier in the month, on June 12, the firm had already lifted its price target on the stock to $36 from $35. All this optimism followed Carnival Corporation Ltd.’s (NYSE:CCL) record second quarter.