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Fly News Breaks for November 30, 2018
RCL
Nov 30, 2018 | 09:08 EDT
After attending an event with Royal Caribbean upper management and members of the travel agent community that was hosted aboard Celebrity Edge, the first new build for the Celebrity brand in over six years, Stifel analyst Steven Wieczynski said he came away with the drivers of his constructive thesis "firmly intact" and he continues to view the shares as undervalued. Echoing what they said during their Q3 call, Royal Caribbean management noted that the company is in a stronger booked position for 2019 than it was in at the same time last year for 2018, noted Wieczynski, who reiterates a Buy rating and $157 price target on the stock.