Barclays lowered the firm’s price target on Norwegian Cruise Line to $21 from $22 and keeps an Equal Weight rating on the shares. The company’s Q2 came in ahead of estimates on in-line yields and lower costs, but a lack of guidance raise to fiscal year yields and high-end of the EBITDA range is likely below recently elevated expectations, the analyst tells investors in a research note.
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Read More on NCLH:
- Norwegian Cruise Line (NYSE:NCLH) Tanks 14% on Soft Q3 Guidance
- Norwegian Cruise Line Holdings Reports Strong Second Quarter 2023 Financial Results and Improves Full Year 2023 Guidance
- Norwegian Cruise Line reports Q3 adjusted EPS 70c, consensus 79c
- Norwegian Cruise Line sees 2023 adjusted EPS 80c, consensus 78c
- Norwegian Cruise Line reports Q2 adjusted EPS 30c, consensus 27c