Wall St. slides on lower crude prices, options expiry

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Jefferies Sees Carnival Corp. (CCL) Guidance as Conservative; Raised PT to $50

December 22, 2015 8:25 AM EST

Jefferies reiterated a Hold rating on Carnival Corporation (NYSE: CCL), and raised the price target to $50.00 (from $45.00), following the company's 4Q earnings report. Following the strong Q4, Jefferies' FY16 and FY17 EPS forecasts are largely unchanged at $3.28 (against guidance of $3.10 - $3.40 and a consensus of $3.33) and $3.79... More