CCL shares set for sixth straight weekly decline
Carnival Corp. is on track for a sixth straight weekly decline as investors position for Q3 results. Analysts at Stifel and Barclays cut price targets, citing Caribbean pricing pressure and elevated fuel costs that could weigh on the fourth-quarter outlook.
Carnival Corp. (CCL) shares are headed for a sixth consecutive weekly decline as investors look ahead to third-quarter (Q3) results. Analysts at Stifel and Barclays have recently lowered their price targets, pointing to Caribbean pricing pressure and elevated fuel costs that could weigh on Carnival’s fourth-quarter outlook.