tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Viking Holdings price target raised to $66 from $64 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Viking Holdings (VIK) to $66 from $64 and keeps a Neutral rating on the shares. Viking’s Q3 results beat expectations, reflecting the strength of its high-income demographic and unique geographic exposure, with 2026 booking curves aligning with prior guidance and supporting ~5% net yield growth, the analyst tells investors in a research note. Cost pressures are expected to ease in Q4 and next year, and the company’s best-in-class model positions it for continued double-digit revenue growth, industry outperformance, and accelerating ROIC funded largely through advanced bookings, Goldman says.

TipRanks Cyber Monday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1