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Fly News Breaks for August 29, 2018
RCL
Aug 29, 2018 | 06:38 EDT
Deutsche Bank analyst Chris Woronka upgraded Royal Caribbean Cruises to Buy and raised his price target for the shares to $146 from $135. The analyst finds the stock's valuation as "undemanding" at current share levels. Further, he sees the potential for more inflows into cruise stocks for the balance of 2018 as comps get tougher across sectors like lodging, retail, and Macau, but "relatively easier" for Royal Caribbean.
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