Truist's analyst team, led by Patrick Scholes, raised its price target on major cruise operators Carnival (CCL), Norwegian (NCLH), Royal Caribbean (RCL), and Viking (VIK). The firm, most notably, raised Royal Caribbean's price target from $204 to $272 per share.

Julie Hyman and Josh Lipton report more on the analyst coverage and commentary.

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This post was written by Luke Carberry Mogan.