UPDATE: Credit Suisse Upgrades Carnival on Long-Awaited Positive Signs

In a report published Friday, Credit Suisse analyst Joel Simkins upgraded the rating on Carnival (NYSE: CCL ) from Neutral to Outperform, and raised the price target from $30.00 to $43.00. In the report, Credit Suisse noted, “CCL has been a frustrating story, keeping us on the sidelines since our