Morgan Stanley analyst Stephen Grambling lowered the firm’s price target on Viking Holdings (VIK) to $47 from $49 and keeps an Overweight rating on the shares. As a result of weak channel checks, some spotty data in U.S. airlines and hotels, and the firm’s economists’ GDP downgrades, the firm is reducing its net revenue yield assumptions by about 50 basis points in 2025 and by about 100 basis points in 2026.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VIK:
- Viking Holdings CEO: We are not directly impacted by tariffs
- Okta initiated, Wingstop upgraded: Wall Street’s top analyst calls
- Viking Holdings initiated with a Hold at Jefferies
- “Private Islands and Big Profits,” Say Analysts about Cruise Stocks CCL, RCL, and VIK
- Exane starts cruise sector with three Outperforms, one Neutral