JPMorgan analyst Matthew Boss raised the firm’s price target on Norwegian Cruise Line to $22 from $20 and keeps a Neutral rating on the shares as part of a Q2 earnings preview for the leisure space. The firm’s recent fieldwork and management access points to robust demand and no slowing in any single lead indicator for cruises. The analyst sees cruise taking share in the broader $1.9 trillion global vacation market.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCLH:
- Norwegian Cruise Line (NCLH) Shows Robust Recovery as Global Tourism Booms
- Norwegian Cruise Line Holdings to Hold Conference Call on Second Quarter 2024 Financial Results
- Norwegian Cruise Lines call volume above normal and directionally bullish
- Oceania Cruises floats out new ship Allura
- Early notable gainers among liquid option names on June 25th