Tigress Financial analyst Ivan Feinseth views the recent pullback in Norwegian Cruise Line (NCLH) shares from recent highs of over $29 at the end of January “as a major buying opportunity.” The firm believes accelerating revenue and cash flow growth will continue to drive a significant increase in Norwegian’s return on capital, which will drive a recovery in economic profit and “significant shareholder value creation.” Tigress says “significant upside in the shares exists.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCLH:
- Norwegian Cruise Lines put volume heavy and directionally bearish
- Norwegian Cruise Line price target lowered to $26 from $29 at BofA
- Norwegian Cruise Line: Hold Rating Amid Mixed Financial Outlook and High Leverage Concerns
- Strong Financial Performance and Promising Outlook: Norwegian Cruise Line Receives Buy Rating
- Norwegian Cruise Line price target lowered to $27 from $30 at Susquehanna
Questions or Comments about the article? Write to editor@tipranks.com