Susquehanna analyst Christopher Stathoulopoulos raised the price target on Carnival Corporation (NYSE: CCL) to $29.00 (from $28.00) while maintaining a Positive rating.

The analyst comments "While macro and geopolitical concerns within the market persist, CCL’s product- and loyalty-focused ecosystem is continuing to capture demand, with FY27 and FY28 bookings pacing at healthy levels. Elsewhere, while the mix shift toward Europe next year does add some noise to yields, we view the change as strategically right-minded; specifically, margin and PROPEL accretive. Near term, we are closely watching fare trends around Black Friday and Cyber Monday and, importantly, the introduction of promotions for 2027 Wave Season."