Carnival Upgraded to Buy at Nomura

Cruise line operator Carnival (CCL) has been upgraded by analysts at Nomura Securities to a buy rating from neutral. The firm also raised its price target on the stock to $62 from $53 a share.

In Wednesday’s pre-market activity, shares of Carnival were up 1.67% to $50.62, moving within a 52-week trading range of $33.11 – $54.05.

Companies: Carnival Corporation
Price: 50.62 Price Change: +0.83 Percent Change: +1.67