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Fly News Breaks for April 7, 2015
CCL
Apr 7, 2015 | 05:42 EDT
Wells Fargo upgraded Carnival to Outperform saying a pricing recovery, easy comparisons and an improving European economy should drive 25% annual earnings growth in FY15 and FY16. Wells has increasing confidence in Carnival net yields and finds shares attractive at current levels. It raised its price target range for shares to $52-$54 from $48-$50.
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