Freedom Broker Initiates Coverage of Royal Caribbean Cruises (RCL)

Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the best NYSE stocks to buy for long-term investment. Freedom Broker initiated coverage of Royal Caribbean Cruises Ltd. (NYSE:RCL) with a Buy rating on June 3 and set a price target of $320 The firm told investors th

Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the best NYSE stocks to buy for long-term investment.

Freedom Broker initiated coverage of Royal Caribbean Cruises Ltd. (NYSE:RCL) with a Buy rating on June 3 and set a price target of $320

The firm told investors that the cruise industry setup is “rare,” with record demand, a valuation gap, and disciplined supply. It added that although net yield ran well above pre-pandemic levels in 2025 across the group, the industry trades at a discount to lodging peers. Freedom Broker sees this as reflecting geopolitical risk, oil, and elevated leverage, but despite that, it does not view these risks as “thesis-breaking in our base case”.

Royal Caribbean Cruises Ltd. (NYSE:RCL) also received a rating update from Morgan Stanley on May 26. The firm cut the price target on the stock to $280 from $310 and maintained an Equal Weight rating on the shares, telling investors in a research note that the Mexican government’s decision to reject Royal’s Perfect Day project led to a 10% earnings estimate cut. Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company that owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.

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