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Viking Holdings’ demand concerns is ‘short term problem’, says Loop Capital

Loop Capital analyst Laura Champine keeps a Buy rating and $55 price target on Viking Holdings (VIK). The firm is positive on the company’s outsized sales and earnings growth in Q1, the analyst tells investors in a research note. Loop adds that the retrenchment in the stock following results seems mostly due to demand concerns as consumer confidence softens, but the firm views this as a short term problem, noting that the impact may be muted as Viking’s 2025 sailings are already 92% booked.

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