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flag Truist raised Carnival's price target to $29, pushing the stock to a 12-month high as earnings and revenue surged.

flag Truist Financial raised its price target for Carnival Corporation & plc (CCL) to $29.00, contributing to the stock hitting a 12-month high. flag Analysts gave mostly "buy" ratings, with a consensus of "Moderate Buy" at $24.44. flag Carnival's quarterly earnings of $1.27 EPS exceeded estimates by $0.10, and revenue was up 15.2% year over year. flag Truist also raised price targets for competitors Royal Caribbean and Norwegian Cruise Line, citing positive industry outlooks.

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