Why Cruise Line Stocks Just Popped Again

Why Cruise Line Stocks Just Popped Again
Rich Smith, The Motley Fool
·2 min read

Commentary from Wall Street investment banks gave cruise line stocks a lift today, and in 1:50 p.m. EDT trading, both Royal Caribbean (NYSE: RCL) and Carnival Corporation (NYSE: CCL) (NYSE: CUK) are moving higher, rising 3.3% and 4.8%, respectively. Goldman Sachs was first to support the cruise line stocks, raising its Carnival price target to $26 a share and valuing Royal Caribbean at $95 a share.