Royal Caribbean Lost 26% in 2 Months: It's Now on 'Sale,' Bank of America Says
BofA upgrades Royal Caribbean stock to Buy with a $330 target, citing strong cruise spending, 4% yield growth and upside from the $3 billion Sandals deal.
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Why It Matters
Royal Caribbean's stock fell a lot recently, but a big bank thinks it is now a good buy. They believe cruise vacations are still popular and the company has smart plans ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.