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Wells Fargo Securities Upgraded the Cruise Sector to Overweight

November 6, 2009 8:40 AM EST
RCL Hot Sheet
Rating Summary:
    8 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 8 | New: 36
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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