11:35 AM EDT, 07/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $30 to $387, based on a 16x 2026 EV/EBITDA (from 15x) multiple. We lower our 2025 EPS estimate to $15.48 from $15.55 and 2026's to $18.43 from $18.54. Despite our modest EPS revisions due to near-term timing issues, RCL represents the best execution play on the cruise industry's structural transformation. While competitors are pursuing similar strategies and achieving margin improvement, RCL's superior operational execution demonstrates a meaningful execution gap. The company's achievement of 40.8% EBITDA margins in Q2 shows RCL is capturing disproportionate benefits from industry-wide trends. We reiterate our Buy rating, with the higher multiple justified by the strong spending by loyalty guests (who represent 40% of bookings at 25% higher spend rates), several new ships and destinations in the pipeline, sustainable and industry-leading margins, and underappreciated onboard spending growth, which points to encouraging guest engagement on ships and at destinations.