UBS Reiterates Buy Rating on Carnival Corporation (CCL), Expects Q4 Yield Guidance Beat

UBS analyst Robin Farley reiterated a Buy rating and $33.00 price target on Carnival Corporation (NYSE: CCL).

The analyst commented, "As we had anticipated, CCL’s FY net yield raise was equal to the Q3 beat, which is essentially unchanged compared to previous implied guidance. Given the upside this year has been coming from close-in demand and onboard spend, it would seem those same factors should help Q4 as well, so we see CCL likely to beat its Q4 yield guidance."

For an analyst ratings summary and ratings history on Carnival Corporation click here. For more ratings news on Carnival Corporation click here.

Shares of Carnival Corporation closed at $29.40 yesterday.

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