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Norwegian Cruise Line price target lowered to $21 from $25 at Susquehanna

Susquehanna lowered the firm’s price target on Norwegian Cruise Line (NCLH) to $21 from $25 and keeps a Neutral rating on the shares. The firm said they are maintaining their rating and while the company continues to make progress around its Charting the Course initiative, it’s still unclear what the occupancy and yield dynamic looks like for FY26-27, given a growing base of (total) capacity and elevated industry supply within the Caribbean.

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