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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Read More on NCLH:
- Norwegian Cruise Line price target lowered to $20 from $21 at Susquehanna
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- Norwegian Cruise Line price target lowered to $19 from $20 at JPMorgan
- Norwegian Cruise Line price target lowered to $27 from $30 at BofA
