BUZZ - Jefferies bullish on US cruise sector; Royal Caribbean rises on rating upgrade
路透社2026/10/08 09:01October 8th - ** Shares of U.S. cruise company Royal Caribbean (RCL.N) rose 1.2% in pre-market trading to $285.85 ** Jefferies upgraded RCL from "Hold" to "Buy" and raised its price target from $305 to $330 ** The firm also raised its price target for Lindblad Expeditions Holdings (LIND.O) from $29 to $32; LIND shares were flat pre-market ** "We are optimistic about the long-term prospects of the cruise industry as its share in the global vacation market continues to grow," said Jefferies ** The firm noted significant upside in the sector given strong revenue performance ** "We also believe that in the 2027 fiscal year, cruise stocks will be very attractive value investments under various macroeconomic scenarios, with land-based travel products providing additional growth momentum for earnings," Jefferies added ** As of the previous trading day’s close, RCL shares had risen 1.2% and LIND is up 143% year-to-date
October 8 - ** The share price of the U.S. cruise company Royal Caribbean (RCL.N) rose 1.2% in pre-market trading to $285.85
** Jefferies upgraded RCL's rating from "hold" to "buy"; the price target was raised from $305 to $330
** The broker also raised the price target for Lindblad Expeditions Holdings (LIND.O) from $29 to $32; the company's share price was flat in pre-market trading
** “We remain optimistic about the long-term outlook for the cruise industry as its share of the global holiday market continues to expand,” said Jefferies
** The broker noted that, given strong revenue performance, there is significant upside potential for the industry
** “We also believe that cruise stocks will be highly attractive value investments under various macroeconomic environments in fiscal year 2027, with land-based tourism products providing additional growth momentum for earnings,” Jefferies added
** As of the previous trading day's close, RCL shares were up 1.2%, and LIND has risen 143% so far this year
(To assist non-English speakers, Reuters provides automated translations of its reports into several other languages. Because automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translation. It is provided solely for reader convenience. Reuters is not responsible for any damage or loss caused by use of the automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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