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Why This Carnival Analyst Cut Their Price Target
Monday, September 27, 2021 - 3:05pm | 249Although Carnival Corp (NYSE: CCL) made progress on resuming cruise operations in the third quarter, the recovery already seems largely priced in, according to BofA Securities. The Carnival Analyst: Geoffrey d'Halluin reiterated a Neutral rating for Carnival, while reducing the price target...
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Cruise Stocks Sink After CDC Lifts Ban, Analyst Says New Guidelines Delay Recovery
Monday, November 2, 2020 - 12:16pm | 464On Friday U.S. Centers for Disease Control and Prevention (CDC) lifted a ban on cruise ships, but cruise stocks traded lower on Monday after investors got details on the set of restrictions that the cruise industry will face for the time being. What Happened? The CDC’s “Framework for...
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BofA Raises Carnival Target Despite Recent Extension Of US Cruise Suspension
Thursday, September 10, 2020 - 12:10pm | 235Given the extension of U.S. cruise suspension until October, liquidity and cash burn are likely to remain key factors for Carnival Corp (NYSE: CCL), according to BofA Securities. The Carnival Analyst: Geoffrey d'Halluin maintained a Neutral rating for Carnival, while raising the price target to...
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BofA Cuts Carnival Target, With Slow Cruise Line Recovery Ahead
Monday, July 13, 2020 - 11:31am | 320While Carnival Corp’s (NYSE: CCL) German cruise line AIDA Cruises will resume operations in August, the timing of the recovery remains uncertain, and the main Carnival Cruise Line has extended its operational pause in North America through September 30, according to BofA Securities. The...
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Carnival Is Staying Afloat Through 2020, BofA Says After Cruise Line's Preliminary Q2 Report
Friday, June 19, 2020 - 10:50am | 309Carnival Corp (NYSE: CCL) will likely be able to fund its requirements until early next year, even with a pause in its operations, according to BofA Securities. The Carnival Analyst: Geoffrey d'Halluin maintained a Neutral rating for Carnival and raised the price target from 1,000 pence ($12.62...
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Analyst: Here's How Long Carnival, Norwegian And Royal Caribbean Can Last Without Revenue
Friday, May 15, 2020 - 10:41am | 517With business at a standstill and revenue dry, companies are dipping into cash reserves to cover costs. Few seem to be hurting worse than cruises are. The Cruise Ratings Bank of America analysts Andrew Didora and Geoffrey d’Halluin maintained: A Neutral rating on Carnival Corp (NYSE: CCL)...
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9 Worst-Performing Stocks Of 2020: Buy, Sell Or Hold?
Thursday, April 16, 2020 - 9:40am | 1349The S&P 500 has rallied hard off its March lows, but the index remains down 12.4% year-to-date overall. The near-term economic outlook amid the COVID-19 shutdown is still unclear, creating a lot of uncertainty on Wall Street. The International Monetary Fund cut its 2020 global economic growth...