Wells Fargo Securities Upgraded the Cruise Sector to Overweight

November 6, 2009 8:40 AM EST

Wells Fargo Securities upgraded the Cruise Sector from Market Weight to Overweight.

The firm cited their recent rating upgrade of Royal Caribbean Cruises, Ltd. (NYSE: RCL) and complimenting their existing positive stance on Carnival Corporation (NYSE: CCL).

The firm has Outperform ratings on both. The firm sees 2009 EPS for RCL of $0.71 and 2010 EPS for RCL of $1.51. The firm sees 2009 EPS for CCL of $2.21 and 2010 EPS for CCL of $2.38.


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CCL 32.09

+0.21 +0.66%
Volume: 3,080,069
Track CCL

RCL 23.55

+0.30 +1.29%
Volume: 5,907,607
Track RCL


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