Market Overview

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

Related CCL
SunTrust Warns Of 'Broad Based Slowdown' In Cruise Pricing During September
Hurricane Matthew Could Disrupt Southeast Travel Plans For Weeks
My Dividend Growth Portfolio - Q3 2016 Summary (Seeking Alpha)

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.

Latest Ratings for CCL

Oct 2016MacquarieInitiates Coverage onNeutral
Oct 2016HSBCInitiates Coverage onBuy
Sep 2016Deutsche BankInitiates Coverage onHold

View More Analyst Ratings for CCL
View the Latest Analyst Ratings

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


Related Articles (CCL)

View Comments and Join the Discussion!