Cruise Stocks Up on Bright Outlook While Farm Equipment Falls on Production Cuts

Carnival, Royal Caribbean stocks gain after being upgraded by Truist citing strong 2024-2025 outlook.
Deere, CNH Industrial stocks fall after being downgraded by Evercore ISI due to agricultural production cuts.
Starbucks stock drops after TD Cowen downgrade over worrisome macro backdrop in China.
CVS Health upgraded by Evercore ISI, stock rises slightly.
Dell Technologies upgraded by Daiwa Capital Markets, stock up over 1%.

cnbc.com

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9/29/2023

Carnival Posts First Profit Since Pre-Pandemic But Disappoints With Q4 Outlook

Shares of Carnival Corp. fell in choppy trading after the cruise operator reported its first quarterly profit since before the COVID pandemic but provided a downbeat outlook, with the stock on track to suffer a fifth-straight weekly loss.