CARNIVAL CORPORATION & PLC PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE
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Morgan Stanley Reiterates Underweight Rating on Carnival Corporation (CCL), Cites Weak Booking Update and Reduced Guidance for Negative View
March 22, 2022 10:43 AM EDTMorgan Stanley analyst Jamie Rollo reiterated an Underweight rating and $18.00 price target on Carnival Corporation (NYSE: CCL).
The analyst comments "CCL ended Q1 with liquidity of $7.2bn (MSe ~$7bn), compared to $9.4bn at Q4, which implies a ~$0.5bn monthly burn excluding a $500m debt repayment and a small customer deposit... More
Stifel Remains Positive on Cruise Fundamentals Following Carnival Corporation (CCL) Earnings
March 22, 2022 10:17 AM EDTStifel analyst Steven Wieczynski reiterated a Buy rating and $33.00 price target on Carnival Corporation (NYSE: CCL).
The analyst comments "We continue to believe in the resilience of the cruise industrys core operating fundamentals and expect operational adjustments made to address the... More
