Redburn Partners: Carnival and Norwegian Cruise Line are a Buy
- September 14th, 2023
- 499 views
Carnival Corporation & plc (NYSE: CCL), a leading cruise line company, has been upgraded by Redburn Partners from Neutral to Buy, along with a price target of $23.
With $CCL closing at $15.02 on Wednesday, this price target suggests a potential upside of $7.98 or about 53.15%, according to the research firm' analysis.
In a separate move, Redburn Partners also upgraded Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), another prominent player in the cruise industry, from Neutral to Buy, accompanied with a price target of $25.
Based on Wednesday's closing price of $16.35, this price target indicates a potential upside of $8.65 or roughly 52.87% for $NCLH, based on Redburn Partners' view.
These price targets and potential upsides are based on the assessments and views of Redburn Partners, indicating the projected appreciation in stock value according to their analysis and expectations. Investors should carefully consider these opinions while making investment decisions.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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