Norwegian Cruise Line price target raised to $20 from $19 at Wells Fargo

Wells Fargo raised the firm’s price target on Norwegian Cruise Line to $20 from $19 and keeps an Equal Weight rating on the shares. Norwegian’s Investor Day provided a clear view of management’s multiyear vision, with 2026 targets to which they can be held accountable, though the firm is cautious on Norwegian attaining a 2.5 yield/cost spread, the analyst tells investors in a research note.