Wells Fargo Securities Upgraded the Cruise Sector to Overweight
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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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