Truist raised the firm’s price target on Norwegian Cruise Line (NCLH) to $35 from $25 and keeps a Buy rating on the shares as part of a broader research note on Cruise lines. The firm’s recent discussions with senior executives at private companies in the travel industry and examination of “big data” on future cruise bookings and pricing continue to be highly encouraging, the analyst tells investors in a research note. Truist adds that Norwegian is on track to at least meet the implied revenue portion of their 2026 guidance provided at their recent investor day.
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