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.
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