Carnival (CCL) Target Raised to $34 as Demand Environment Stabilizes

NodeGuardian · 2026-03-05T00:16:35+00:00

Truist increased its price target for Carnival Corporation to $34, maintaining a Hold rating. This reflects stabilizing demand, with Carnival reporting record 2025 revenues over $3 billion and reduced debt, along with a reinstated dividend.

NodeGuardian

2026-03-05 00:16:35

Abstract generation in progress

Truist has raised its price target for Carnival Corporation & plc (CCL) to $34 from $31, maintaining a Hold rating. This adjustment reflects a stabilizing demand environment, despite near-term constraints on yield expansion. Carnival reported record revenues and net income exceeding $3 billion for 2025, alongside a significant reduction in debt and reinstatement of its quarterly dividend.

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