Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Credit Suisse upgrades Carnival to 'outperform'

CRUISE_Credit_Suisse_logo.jpg
Credit Suisse lifted its Carnival Corp. rating to 'outperform' (buy) from 'neutral' (hold), citing the likelihood of a mid/late summer restart, bookings growth and reduced costs/greater efficiencies.

The price target went to $40 from $18.

This week Carnival reported accelerating booking volumes and better than expected costs

CCL shares were up more than 0.9% in pre-market-open trading Friday after closing down 1.52% at $28.56 Thursday.

 

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish