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Fly News Breaks for January 10, 2019
CCL
Jan 10, 2019 | 09:06 EDT
Wells Fargo analyst Timothy Conder lowered his price target for Carnival to $70 from $76, while reiterating an Outperform rating on the shares. The analyst believes overall cruise industry demand remains strong based on his contacts and feels investor concerns, following Carnival's December 20th FY2019 guidance, of industry European passenger sourced pricing being an issue appear misplaced.
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