Despite No-Sail Orders, Carnival Has a 38% Upside, Major Analyst Says

Despite No-Sail Orders, Carnival Has a 38% Upside, Major Analyst Says

The flurry of nautical news continues today as two analysts have given Carnival (NYSE: CCL) (NYSE: CUK) a strong upgrade, despite ongoing no-sail conditions at U.S. ports. Both Credit Suisse and Argus boosted their price targets for Carnival and upgraded its rating today, CNBC reports. Credit Suisse's Benjamin Chaiken wrote, "The conversation is changing away from 'survival' and more toward potential earnings catalysts."