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CCL
Benzinga
209 days

Carnival Corp's Private Island Strategy Poised For Significant Expansion, Says Analyst

1. Goldman Sachs set CCL’s price target at $35 with a Buy rating. 2. CCL's private islands strategy could double capacity to 11 million by 2030. 3. Management expects 95,000 daily guest capacity by 2030, boosting revenues. 4. 2024 showed 13% growth in new-to-cruise customers, indicating strong demand. 5. Two-thirds of 2025’s capacity is already booked, demonstrating solid consumer interest.

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FAQ

Why Bullish?

Analyst’s Buy rating and forecast support potential upside, similar to past projections.

How important is it?

The article outlines strategic growth and positive financial forecasts for CCL.

Why Long Term?

Growth strategies and bookings suggest sustained performance over multiple years.

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