Susquehanna lowered the firm’s price target on Norwegian Cruise Line (NCLH) to $15 from $20 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results which beat expectations but guidance was lowered well below the prior outlook.
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Read More on NCLH:
- Norwegian Cruise Line price target lowered to $22 from $25 at BofA
- Norwegian Cruise Line price target lowered to $14 from $18 at Goldman Sachs
- Norwegian Cruise Line price target lowered to $19 from $21 at Barclays
- Norwegian Cruise Line: Hold Rating Reaffirmed as Weaker Outlook Offsets Cost Savings; $25 Price Target Maintained
- Analyst Maintains Hold on Norwegian Cruise Line With Unchanged $23 Price Target Amid Guidance Cuts and Valuation Concerns