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Norwegian Cruise Line price target lowered to $24 from $25 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Norwegian Cruise Line (NCLH) to $24 from $25 and keeps an Equal Weight rating on the shares. Norwegian reported a Q4 beat, but weaker net yield guidance leads the firm to lower its FY26 and FY27 EBITDA estimates by about 5% and 4%, respectively.

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