Wells Fargo raised the firm’s price target on Norwegian Cruise Line (NCLH) to $33 from $29 and keeps an Overweight rating on the shares. The firm remains highly upbeat on the Supply/Demand dynamics for Cruise over the next five years and views any near-term Caribbean capacity or geopolitical concerns as a potential buying opportunity.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 raised to $30 from $25 at BofA
- Norwegian Cruise Line price target lowered to $23 from $28 at Barclays
- Norwegian Cruise Lines call volume above normal and directionally bullish
- Norwegian Cruise Line downgraded to Hold from Buy at Jefferies
- Early notable gainers among liquid option names on December 12th
