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Fly News Breaks for August 3, 2018
RCL
Aug 3, 2018 | 06:55 EDT
Barclays analyst Felicia Hendrix reinstated coverage of Royal Caribbean with an Overweight rating and $145 price target. The company's Q2 results continued the consistent string of positive cruise industry results and outlooks that we have been seeing all year, Hendrix tells investors in a research note. The analyst sees a "significant disparity" between Royal Caribbean's valuation and fundamentals.
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