Carnival: Jefferies remains positive

(CercleFinance.com) - Jefferies reinstates its 'buy' rating on the Carnival stock, along with its $25 target price, confirming its positive long-term opinion of the stock, following the Anglo-American cruise operator's recent publication.


"The anticipated improvements within our thesis are demonstrated in the quarter, while strong bookings for 2024 and increased free cash flow generation imply to us a long-term process to recovery", they say.


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