Morgan Stanley Maintains Underweight Rating for Carnival: Here’s What You Need To Know
Morgan Stanley has decided to maintain its Underweight rating of Carnival (NYSE:CCL) and lower its price target from $13.00 to $7.00.
Shares of Carnival are trading down 14.21% over the last 24 hours, at $8.86 per share.
A move to $7.00 would account for a 21.01% decrease from the current share price.