TD Cowen Lifts Carnival Corporation & plc (CCL) Target, Looks Beyond Caribbean Weakness

Carnival Corporation & plc (NYSE:CCL) is among the stocks under $50 to buy now. On January 13, TD Cowen lifted the price target on Carnival Corporation & plc (NYSE:CCL) to $38 from $35 and maintained a Buy rating. Matching the consensus 1-year median price target, the new price target reflects an upside potential of 35.42%. Although Caribbean yield pressures will make a “tough” earnings season for Royal and Norwegian, underlying demand for cruise remains strong, and capacity dynamics are positive through ...