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Fly News Breaks for September 14, 2015
CCL
Sep 14, 2015 | 07:50 EDT
Stifel expects Carnival to report higher than expected Q3 EPS, driven partly by healthy close-in booking demand and higher than projected fuel cost savings. The firm expects the company's 2016 bookings guidance to be upbeat. However, the firm says that investors' expectations about the results should not be "unrealistically high," as it does not expect the company to significantly raise its full-year constant dollar net yield guidance. It keeps a $60 price target and Buy rating.
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