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Citi raises price targets for cruise operators, benefiting from the reopening of the Strait of Hormuz

Citi raises price targets for cruise operators, benefiting from the reopening of the Strait of Hormuz

格隆汇格隆汇2026/06/16 13:16
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Golden Ten Data June 16 | Citigroup raised its price targets for cruise operators, increasing Carnival Group's target price from $35 to $37, Royal Caribbean Cruises' target price from $348 to $362, and Norwegian Cruise Line's target price from $21 to $25. Following the agreement between the US and Iran and the reopening of the critical oil transportation route, the Strait of Hormuz, the cruise industry is benefiting from these developments.
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