TD Cowen Raised PT On ​Carnival Corporation (CCL), Here’s Why

​Carnival Corporation Ltd. (NYSE:CCL) is one of the Best Value Stocks to Buy for Long Term Investment. Recently, on May 15, TD Cowen raised the firm’s price target on Carnival Corporation Ltd. (NYSE:CCL) from $33 to $34 and maintained a Buy rating on the shares.

​The firm also moved the stock to its “Top Picks” list and noted that it updated estimates across the industry. TD Cowen has lowered estimates on Norwegian Cruise Line and Royal Caribbean, but upgraded Carnival. The firm cited that the company has an industry-leading yield, which reflects strong execution. While the price target has been increased, the firm still sees headwinds for the industry from the Caribbean, Iran, and Mexico.

​That said, on May 8, the company announced that its Board of Directors approved a dividend of $0.15 per share as a quarterly dividend for shareholders. The payments are to be made on May 29, 2026.

​Carnival Corporation & plc (NYSE:CCL) delivers travel services under several brands, including Seabourn, Carnival Cruise Line, Princess Cruises, Cunard, Holland America Line, and P&O Cruises. The company operates several islands, hotels, port destinations, and lodges. It markets its offerings online as well as through tour operators and travel agents.

While we acknowledge the risk and potential of CCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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