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Fly News Breaks for May 8, 2015
RCL
May 8, 2015 | 07:59 EDT
Stifel says that the magnitude of the selloff in Royal Caribbean in response to the company's reduction of its constant currency net yield guidance by 50 basis points appears to be overdone. The firm believes that the company's encouraging outlook remains fundamentally unchanged. It keeps a $100 price target and Buy rating on the shares.
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