Barclays analyst Brandt Montour raised the firm’s price target on Norwegian Cruise Line (NCLH) to $31 from $25 and keeps an Overweight rating on the shares following the Q2 report. The firm views the company’s Q3 as “de-risked” with bookings accelerating for a record July, and strong Q4 implied exit rate. Barclays says Norwegian shares are “still way too cheap” versus Royal Caribbean (RCL).
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