Retail
Deutsche Bank Upgrades Royal Caribbean to Buy After a 26% Slide, Keeping a $299 Target
The bank argues the pullback since early August has improved the risk-reward balance, even as rising fuel costs press on cruise operators.
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By Dana Whitfield
Sep 28, 2026 · 5 min read
Deutsche Bank raised its rating on Royal Caribbean Cruises to Buy from Hold on Monday, keeping a $299 price target on a stock that has fallen roughly 26% since Aug. 5.
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Dana Whitfield
Leadership Editor
Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.