Carnival - Upgrades & Downgrades

TheStreet Ratings released rating changes on 11 U.S. common stocks for September 21, 2010. Just three stocks were downgraded and eight stocks have been upgraded by our stock model.
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NEW YORK (

TheStreet

) -TheStreet Ratings' stock model upgraded

Carnival Corp

(CCL) - Get Report

to 'Buy' from 'Hold'. Net income at this $29.6 billion market cap, cruise line grew by 21.4% in fiscal third quarter ending August 31 to $1.3 billion over the same quarter the prior year.

TheStreet Ratings released rating changes on 10 additional U.S. common stocks for September 21, 2010. In total, only three stocks were downgraded and eight stocks have been upgraded by our stock model.

Fiscal third quarter revenue at Carnival increased by 6.9% to $4.4 billion over the third quarter of 2009. The strong quarterly performance was credited to renewed demand for summertime family vacations that allowed Carnival to raise prices over last year's anemic consumer discretionary environment. Learn more about Carnival:

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In another upgrade by our stock model,

Aetna Inc

(AET)

shares changed to 'Buy' from 'Hold'. This $12.8 billion market cap, health insurance company earned 42% more net income in the second quarter than the same quarter last year on slightly lower revenue. The 10 analyst following Aetna are expecting an average earnings per share of 68 cents in the third quarter and 51 cents in the fourth quarter bringing 2010 earnings in 27% ahead of 2009. Learn more about Aetna:

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-- Reported by Kevin Baker in Jupiter, Fla.

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Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.