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Fly News Breaks for August 13, 2019
RCL
Aug 13, 2019 | 08:17 EDT
As previously reported, Argus analyst John Staszak downgraded Royal Caribbean to Hold, citing the growth in cruise line capacity accelerating over the next several years along with the recent signs that spending on cruises may be slowing. The analyst also lowers his FY19 EPS view to $9.70 from $10.00 and FY20 view to $11.30 from $11.70, tracking the company's latest cut in its guidance.