Yahoo Finance

Wells Fargo raised the firm’s price target on Carnival (CCL) to $30 from $25 and keeps an Overweight rating on the shares. Heading into Carnival’s Q4 EPS on December 20, the firm tweaks its estimates, with Q4 adjusted EBITDA plus $20M to $1.164B on better onboard spend/solid cost control. For FY25, the firm’s adjusted EBITDA of $6.54B compares to the Street’s $6.61B, with FX a potential headwind.

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Read More on CCL:

• Carnival price target raised to $31 from $24 at UBS

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