Morgan Stanley raised the firm’s price target on Norwegian Cruise Line (NCLH) to $26 from $19 and keeps an Underweight rating on the shares. The firm raised FY24-26 EBITDA estimates about 15% post Q3 results on better net yield trends along with improved opex control, but thinks shares’ valuation fully reflects improvements made year-to-date.
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Read More on NCLH:
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