Stifel analyst Steven Wieczynski raised the firm’s price target on Norwegian Cruise Line (NCLH) to $35 from $26 and keeps a Buy rating on the shares. This quarter’s booking commentary was “much improved” and showed strength across all three brands, the analyst tells investors. If Norwegian can continue on their path of hitting their 2026 financial targets, the firm believes the 40%-50% valuation gap to “industry leader” Royal Caribbean (RCL) could drift closer to 20%, the analyst added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCLH:
- Hold Rating for Norwegian Cruise Line Amid Strategic Expansion and Limited Upside Potential
- Norwegian Cruise Line: Navigating Underperformance Amidst Market Rally
- Norwegian Cruise Line price target raised to $31 from $25 at Barclays
- Norwegian Cruise Line Reports Record Revenue and Expansion Plans
- Positive Outlook for Norwegian Cruise Line: Strong Yield Momentum and Strategic Growth Initiatives Support Buy Rating