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Fly News Breaks for July 20, 2017
RCL
Jul 20, 2017 | 06:28 EDT
JPMorgan analyst Joseph Greff upgraded Royal Caribbean to Overweight and raised his price target for the shares to $130 from $111. The analyst views the current valuation as "undemanding" and notes his recent channel checks suggest continued good operating momentum. He sees 2018 as another year of mid-to high teens earnings growth for Royal Caribbean.
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