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.
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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
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