Wells Fargo analyst Dan Politzer lowered the firm’s price target on Norwegian Cruise Line to $19 from $22 and keeps an Overweight rating on the shares. The firm is tweaking its estimates ahead of Norwegian Cruise Line’s November 1 EPS report, with Q3 slightly lower on fuel, Q4 lower on Hawaii/Israel, and FY24 lower on ongoing Middle East conflict. Expectations remain understandably low, but premium demand stable for now, Wells adds.
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