Truist Financial Boosts Royal Caribbean Cruises (NYSE:RCL) Price Target to $327.00

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Truist Financial has raised its price target for Royal Caribbean Cruises (NYSE:RCL) to $327.00 from $318.00, maintaining a “hold” rating, while other firms have also increased targets, leading to a “Moderate Buy” consensus and target of $348.95. Despite a new $2.0 billion share buyback authorization, the stock traded down 2.4% at $272.16, with significant insider selling possibly creating mixed signals for investors.

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