In a research report published Tuesday, RS Platou analyst Terje Mauer lowered the price target on Carnival 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in