Carnival Cruise is Wednesday's IBD Stock Of The Day, breaking out on bullish analyst comments. Several other cruise line stocks rallied.
Cruise line stocks spike after analysts raise price target for Royal Caribbean, upgrade Norwegian Cruise Line. NCLH breaks out.
Shares of Norwegian Cruise were up as much as 11% following an upgrade from Citi to "buy" from "neutral," while Royal Caribbean Group's shares reached an all-time high of $263 after rising as much as 5%. Carnival Corp surged nearly 9%. Cruise operators have posted strong results this year, riding on solid appetite for sea-based vacations and higher ticket prices.