Jefferies upgrades Royal Caribbean with $330 target
Multiple summaries of an October 8 research note reported the upgrade, while the available material omitted the rationale and share price.
Jefferies upgraded Royal Caribbean on October 8 and set a $330 price target, according to multiple summaries of the firm’s research note. The reported target was denominated in U.S. dollars, and the cruise company was identified by its New York Stock Exchange ticker, RCL.
The available topics file did not provide Jefferies’ reasoning for the upgrade. As a result, the information supplied does not indicate which factors supported the firm’s call or its stated target for Royal Caribbean shares.
The file also did not include a share price. Without that figure, the distance between Royal Caribbean’s share price and Jefferies’ $330 target cannot be calculated from the available information. The supplied material therefore establishes the date, upgrade and target, but does not provide the underlying analysis or a price comparison.
