Market Overview

UPDATE: RS Platou Lowers PT on Carnival on Reduced Company Guidance

Related CCL
#PreMarket Primer: Thursday, August 21: Tension Between Russia And The West Mounting
#PreMarket Primer: Tuesday, August 19: Dollar General Incites Bidding War
Carnival Posts 1Q Loss But Touts Strong Bookings (Fox Business)

In a research report published Tuesday, RS Platou analyst Terje Mauer lowered the price target on Carnival (NYSE: CCL) from $38 to $33 and maintained a Neutral rating on the company.

In the report, RS Platou noted, "Carnival Corp. (CCL) warned in a press release last night that it cuts its FY 2013 guidance by 20% (mid-point) following negative effects on revenue yield and costs from several mishaps during the winter."

Carnival closed Monday at $35.32.

Posted-In: carnival NYSE RS Platou Terje MauerAnalyst Color Price Target Analyst Ratings

 

Related Articles (CCL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters