UPDATE: RS Platou Lowers PT on Carnival on Reduced Company Guidance
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
|May 2015||SunTrust Robinson Humphrey||Upgrades||Neutral||Buy|
|Apr 2015||Tigress Financial||Upgrades||Underperform||Neutral|
|Apr 2015||SunTrust Robinson Humphrey||Maintains||Neutral|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.