Norwegian Cruise Line price target raised to $34 from $32 at Citi

Citi raised the firm’s price target on Norwegian Cruise Line (NCLH) to $34 from $32 and keeps a Buy rating on the shares. The company’s strong Q4 was overshadowed by a guidance plagued by currency, drydock, and occupancy headwinds, the analyst tells investors in a research note. The firm says many, if not most, of these headwinds are transitory and should normalize in 2026 and beyond. Meanwhile, Norwegian’s strong pricing power and cost performance “could turn out to be more durable,” contends Citi.