Information Provided By:
Fly News Breaks for February 6, 2019
CCL, SEAS
Feb 6, 2019 | 08:35 EDT
After SeaWorld (SEAS) announced it has appointed Gustavo Antorcha, previously the COO of Carnival Cruise Lines (CCL), as its new CEO, Stifel analyst Steven Wieczynski said he welcome the news, as he believes it removes a significant long-term overhang. However, he also suspect the announcement could have a modestly negative short-term implication for the stock, as he believes some shorter-term focused investors believed the delays in naming a permanent CEO were a sign of leadership actively shopping the company. Although Wieczynski thinks lingering uncertainty over the potential impact of the Zhonghong lock-up expiration in May could remain a near-term overhang, he sees considerable long-term upside for patient shareholders and maintains a Buy rating and $37 price target on SeaWorld shares.
News For SEAS;CCL From the Last 2 Days
There are no results for your query SEAS;CCL