After Carnival fell in response to a revision in its Q4 guidance and its early fiscal 2016 commentary, Stifel says that the decline was "misguided." The firm says that the Q4 guidance revision was partly due to a delay in the delivery of a ship for which the company will receive compensation. The firm thinks that the company's Q4 bookings guidance could prove to be conservative, and it says that the company's fiscal 2016 bookings are well ahead of expectations in terms of volume, but prices have declined. Stifel believes the guidance is in-line with the company's strategy, and it thinks that the company's yield can rise in fiscal 2016. Stifel raised its price target to $61 from $60 and keeps a Buy rating.