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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NCLH:
- Norwegian Cruise Line price target lowered to $18 from $22 at BofA
- Norwegian Cruise Line Holdings to Hold Conference Call on Third Quarter 2023 Financial Results
- Norwegian Cruise Line Holdings Joins Global Maritime Forum to Support Shared Mission of Driving a Positive Change for the Industry, Environment and Society
- Norwegian Cruise Line price target lowered to $16 from $20 at Citi
- NCL Corporation Ltd. Announces Pricing of $790,000,000 of Senior Secured Notes