Morgan Stanley lowered the firm’s price target on Norwegian Cruise Line (NCLH) to $20 from $23 and keeps an Equal Weight rating on the shares. Following the Q1 report, the firm lowered its FY26-FY28 EBITDA estimates about 9%-10% as it factors in weaker net yields, a lower contribution from the private island ramp, and prolonged fuel pressures, the analyst tells investors.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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 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