Carnival, Royal Caribbean, Switch and More Tuesday Afternoon Analyst Calls

Photo of Chris Lange
By Chris Lange Published
Carnival, Royal Caribbean, Switch and More Tuesday Afternoon Analyst Calls

© Thinkstock

With the trading day more than halfway over, the broad markets pulled back from their impressive start to the week. The S&P 500, Dow Jones industrial average and Nasdaq each saw a loss on the day, with the Nasdaq getting the worst of it, down about 1%.

24/7 Wall St. is looking at some big analyst calls that we have seen so far on Tuesday. We have included the most recent analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.

For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Tuesday that included Beyond Meat, Broadcom, Dow, Morgan Stanley and more.

Amicus Therapeutics Inc. (NASDAQ: FOLD | FOLD Price Prediction) was initiated with a Hold rating and a $13 price target at Stifel. Shares traded near $11 on Tuesday. The 52-week trading range is $6.25 to $25.39. The consensus price target is $18.63.

[nativounit]

Bank of Montreal (NYSE: BMO) was upgraded at BofA Securities to Buy from Neutral. Shares were trading below $85. The stock has changed hands within a 52-week range of $38.31 to $86.77, and it has a consensus price target of $85.95.

Carnival Corp. (NYSE: CCL) was upgraded to Outperform from Neutral at Macquarie. The stock was last seen near $27 a share. The 52-week trading range is $7.80 to $33.34, and the consensus price target is $18.53.

Discerna Pharmaceuticals Inc. (NASDAQ: DRNA) was reiterated as Buy at H.C. Wainwright and its price target was raised to $40 from $35. The shares traded near $29. The 52-week range is $11.75 to $29.86, and analysts have a consensus price target of $35.63.

Golar LNG Ltd. (NASDAQ: GLNG) was resumed at Citigroup as Neutral with a $13 price target. The stock traded near $11 on Tuesday, in a 52-week range of $4.54 to $15.12. It has a consensus price target of $18.81.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) was upgraded to Outperform from Neutral at Macquarie. The consensus price target is $24.45. Shares traded around $31 on Tuesday, in a 52-week range of $7.03 to $35.90.

Royal Caribbean Group (NYSE: RCL) also was upgraded at Macquarie to Outperform from Neutral. The stock traded near $94 on Tuesday. The 52-week trading range is $19.25 to $99.24. Analysts have a consensus price target of $74.82.

Switch Inc. (NYSE: SWCH) was downgraded to Outperform from Strong Buy at Raymond James, and its price target was dropped to $19 from $24. The consensus price target is $21.46. Shares traded around $15 on Tuesday, in the 52-week range of $10.30 to $19.99.

TrueCar Inc. (NASDAQ: TRUE) was upgraded by BTIG Research to Buy from Neutral with a price target of $7.25. Early Tuesday, the stock traded near $5. The 52-week range is $1.98 to $6.47, and the consensus price target is $6.76.

[recirclink id=844169]
Four BofA Securities value stock picks have solid upside potential, pay solid and dependable dividends, and had the lowest 12-month P/E ratios. They look like outstanding ideas now, in a very pricey market that could be ripe for a correction.

See why Cathie Wood’s fintech ETF has a profitable past and a bright future and what ARK Invest likes about consumer internet company Sea.

Also, find out how Apple got a boost from Warren Buffett.
[wallst_email_signup]

Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

MGM Vol: 27,683,097
CDW
CDW Vol: 3,240,293
DDOG Vol: 11,190,990
IT Vol: 2,031,591
DELL Vol: 20,848,965

Top Losing Stocks

FDX Vol: 2,399,340
CBOE Vol: 2,828,165
QCOM Vol: 21,186,645
CTRA Vol: 73,319,495
CEG Vol: 11,480,635