WS Investor
24 Sep 2026, 19:28
Royal Caribbean Rises as JPMorgan Raises Price Target to $394
Royal Caribbean Cruises (NYSE: RCL) shares rose about 4.1% after JPMorgan raised its price target on the cruise operator to $394 from $345 while maintaining an Overweight rating.
Analyst Matthew Boss reiterated JPMorgan’s positive stance on Royal Caribbean, with the higher target pointing to increased confidence in the company’s earnings and valuation outlook.
Royal Caribbean shares were trading around $239.76, up roughly 4.1%. The new $394 target represents a substantial premium to the current share price and keeps JPMorgan firmly constructive on the stock.
Royal Caribbean Cruises (NYSE: RCL) shares rose about 4.1% after JPMorgan raised its price target on the cruise operator to $394 from $345 while maintaining an Overweight rating.
Analyst Matthew Boss reiterated JPMorgan’s positive stance on Royal Caribbean, with the higher target pointing to increased confidence in the company’s earnings and valuation outlook.
Royal Caribbean shares were trading around $239.76, up roughly 4.1%. The new $394 target represents a substantial premium to the current share price and keeps JPMorgan firmly constructive on the stock.