Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Norwegian Cruise Line (NCLH) to $36 from $32 and keeps a Strong Buy rating on the shares. The firm noted that Norwegian continues to experience “strong” cruise demand and pricing power combined with “industry-leading” fleet expansion. Tigress added that the company and the cruise industry continue to experience increasing market penetration in the over $2T vacation market. Norwegian is driven by its “premium” Regent and Oceana brands along with the “broad value offering” of its Norwegian line, the firm told investors in a research note.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCLH:
- Norwegian Cruise Line price target raised to $29 from $19 at UBS
- Nvidia to replace Intel on DJIA, Berkshire reports Q3 results: Morning Buzz
- Roblox, Peloton upgraded: Wall Street’s top analyst calls
- Norwegian Cruise Line upgraded to Buy at Argus on higher occupancy, pricing
- Norwegian Cruise Line upgraded to Buy from Hold at Argus