tiprankstipranks
Norwegian Cruise Line price target raised to $26 from $19 at Morgan Stanley
The Fly

Norwegian Cruise Line price target raised to $26 from $19 at Morgan Stanley

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.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App