Viking Holdings price target raised to $68 from $57 at Citi

Citi raised the firm’s price target on Viking Holdings (VIK) to $68 from $57 and keeps a Buy rating on the shares. The firm believes “better-than-ever” demand dynamics and “lower-than-historical” supply growth dynamics are setting up a favorable pricing environment for the cruise lines that could last much longer than investors expect. Citi says recent data shows improving trends in May through July.