Why Cruise Line Stocks Just Popped Again

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

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.