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Carnival price target raised to $31 from $24 at UBS

UBS raised the firm’s price target on Carnival (CCL) to $31 from $24 and keeps a Buy rating on the shares ahead of the quarterly results. The firm still see potential upside from better than average bookings and Celebration Key opening in the second half of 2025 as well as additional opportunities for reducing interest costs, the analyst tells investors in a research note.

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