Carnival (CCL) Target Raised to $34 as Demand Environment Stabilizes

We recently published an article titled 10 Best Cruise Stocks to Buy Right Now. On January 22, Truist raised its price target on Carnival Corporation & plc (NYSE:CCL) to $34 from $31 and maintained a Hold rating as part of a broader cruise sector update. Based on extensive discussions with senior travel industry executives and analysis of forward booking and pricing data, the firm noted that supply in the contemporary and mass-market segments remains modestly above demand, suggesting tempered expectations ...