Royal Caribbean Cruises (RCL) Tops Q1 EPS by 7c, Cuts FY15 EPS

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Royal Caribbean (RCL) PT, Estimates Cut at Nomura Post Q1; Disappointment Offers Opportunity to Buy

April 21, 2015 8:24 AM EDT

Nomura Securities analyst Harry Curtis reiterated a Buy rating but trimmed his price target on Royal Caribbean Cruises (NYSE: RCL) to $92.00 (from $97.00) following Q1 results and disappointing Q2 guidance

Curtis commented, "RCL's disappointing 2Q guidance offers investors an opportunity to buy 24% annual EPS... More