(CercleFinance.com) – Jefferies reaffirms its ‘buy’ recommendation and its price target of $25 on Carnival, saying it is reinforced in its positive long-term investment view on the stock, after a recent publication by the Anglo-American cruise line .
‘The expected improvements within our thesis are demonstrated during the quarter, while solid bookings for 2024 and free cash flow generation imply a long-term recovery process for us,’ explains the broker.
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