Stifel analyst Steven Wieczynski believes "panic selling" from investors trying to make a short-term call on Carnival's quarterly report has largely been flushed out and acknowledges being "mildly disappointed" by some of management's forward-looking booking commentary, particularly around the Caribbean. With that said, he encourages investors to keep several factors in perspective when looking at management's 2019 commentary and continues to advocate for ownership of the stock, concluding that 2019 "still looks healthy." Wieczynski trimmed his price target on Carnival shares to $76 from $78 and keeps a Buy rating on the stock.