Carnival Corp. (CCL) Upgraded by Morgan Stanley

Carnival Corporation & plc (NYSE:CCL) is one of the 15 large cap stocks under $30 with huge upside potential. On March 19, Jamie Rollo from Morgan Stanley upgraded his rating on Carnival Corporation & plc (NYSE:CCL) from Equal Weight to Overweight. The analyst reduced his target price on the shares from $33 to $31, leading to an adjusted upside potential of almost 22%. Rollo reduced the company’s earnings estimates due to softer revenue yield and higher fuel costs, but noted that the stock’s 28% year-to ...