Citi Sails Into Cruise Stocks, Fox Hit

Citigroup's James Hardiman swept through the cruise sector on Monday, raising target prices on three major operators in one move. Royal Caribbean got a new $362 target, up from $348. Norwegian Cruise Line jumped to $25 from $21. Carnival Corporation moved to $37 from $35. All three carry Buy ratings. The calls signal growing confidence in leisure travel demand heading into peak summer season.

Fox Corporation took a hit in the same session. The media group was downgraded by an analyst, with its consensus Buy count shifting lower. Fox carries short interest of 14.1% of free float — above average for a large-cap media name. The stock has a $10.9 billion market cap.

Datadog saw its consensus target price nudge higher to $238, up from $235. The cloud monitoring platform holds a $77 billion market cap. Short interest sits at just 4.5% of free float, suggesting limited bearish conviction among traders.

Southwest Airlines got a rare bright spot. Jefferies analyst Sheila Kahyaoglu raised LUV's target to $44 from $37, though the Hold rating held firm.