Royal Caribbean (RCL) Target Raised to $425 on Earnings Momentum

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Tigress Financial has raised its price target on Royal Caribbean Cruises Ltd. (RCL) to $425 from $415, reiterating a Buy rating due to the company’s strong multi-year growth trajectory, record revenue, earnings, and cash flow. The firm anticipates continued momentum in 2026 with double-digit revenue growth, expanding margins driven by AI-driven pricing, new ships, and increased high-margin onboard revenue. Royal Caribbean’s solid 2025 performance, balance sheet strength, and disciplined capital returns support a compelling long-term investment case.

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