Hudson Securities Comments On Royal Caribbean (RCL)

Hudson Securities provided color on Royal Caribbean RCL in a research report published today. Hudson Securities has previously given Royal Caribbean a Buy rating and $58 price target. In the report, Hudson Securities states, " RCL reported a blow out quarter with EPS well above our estimates and the Street. The costs controls were solid, though the press release notes that some timing shifts to later in the 2011. Fuel was lower than our estimates on the power of RCL's hedging strategies — a trait that we continue to believe is not fully appreciated by the Street. We expect the stock to react strongly today." Shares of Royal Caribbean were trading at $41.10 at the time of posting, up 3.50% from Wednesday's market close.