Goldman Sachs Cuts Numbers on Royal Caribbean (RCL) on FX

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Goldman Sachs lowered estimates and their price target on Neutral-rated Royal Caribbean Cruises (NYSE: RCL) from $30.00 to $27.00.

2012-2014E EPS estimates move to $1.89, $2.62 and $3.06 from $1.94, $2.67 and $3.07.

Lower estimates come on FX headwinds, only partially offset by favorable bunker tailwinds.

For an analyst ratings summary and ratings history on Royal Caribbean Cruises click here. For more ratings news on Royal Caribbean Cruises click here.

Shares of Royal Caribbean Cruises closed at $23.62 yesterday, with a 52 week range of $18.70-$39.43.

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