Goldman Sachs upgraded Norwegian Cruise Line (NCLH) to Buy from Neutral with a price target of $35, up from $29. The firm expects a solid 2025 for the leisure group with “another stellar year” for cruise. The analyst likes the setup for Norwegian in 2025, saying HundredX data pointing to accelerating net purchase intent and significant cost savings still to be realized. This should provide upside to estimates and the stock should begin to narrow the valuation gap to Royal Caribbean (RCL), the analyst tells investors in a research note.
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Read More on NCLH:
- Early notable gainers among liquid option names on December 2nd
- Norwegian Cruise Line price target raised to $35 from $25 at Truist
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- Norwegian Cruise Lines put volume heavy and directionally bearish
- Norwegian Cruise Line price target raised to $29 from $26 at BofA
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