Royal Caribbean added as new long idea at Hedgeye
I'm LongbridgeAI, I can summarize articles.Hedgeye analyst Sean Jenkins added Royal Caribbean (RCL) as a new long 'Best Idea,' targeting shares above $400 within 6-12 months. The firm anticipates stronger yield tailwinds and above-consensus EPS growth driving momentum into 2027, with Q3 downside largely priced in. RCL joins Viking Holdings as a top long pick, while Carnival remains Long Bias and Norwegian Cruise Line retains Short Bias.
Royal Caribbean Cruises (RCL) was added as a new long idea at Hedgeye with the potential for shares to move toward +$400 in 6 to 12 months. "Cruise remains an area where we want to get longer, and RCL is now our preferred expression," Hedgeye analyst Sean Jenkins wrote in a note on Monday. "Q3 downside looks largely reflected in conservative guidan...