Carnival forecasts lower profit as costs bite, shares drop 11%

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Go back to Carnival forecasts lower profit as costs bite, shares drop 11%

Stifel on Carnival Corporation (CCL): 'we see no reason CCL shares should come under pressure. None.'

June 26, 2023 10:46 AM EDT

Stifel analyst Steven Wieczynski reiterated a Buy rating and $18.00 price target on Carnival Corporation (NYSE: CCL)

The analyst comments "This is going to be a classic sell the news type of day for CCL shares, in our opinion. CCL shares have had a massive run over the last month, and we believe faster-money investors have been... More