Carnival "buy," target price raised

03.02.06 - Deutsche Bank

LONDON, February 3 (newratings.com) - Analyst Simon Champion of Deutsche Bank maintains his "buy" rating on Carnival (CCL-GBX). The target price has been raised from 3700p to 4300p.

In a research note published yesterday, the analyst mentions that the company should provide better transparency into a few of its operations. According to the analyst, the concerns surrounding the earnings shortfall at Royal Caribbean during 2006 is exerting pressure on the share price of Royal Caribbean and Carnival.