Macquarie raised the firm’s price target on Norwegian Cruise Line to $24 from $23 and keeps an Outperform rating on the shares. Norwegian Cruise Line reported Q2 results ahead of guidance and market expectations with pricing and demand tailwinds prevailing across the sector, which drove the company to raise its full year guidance for the third time, the analyst tells investors in a research note. Norwegian is executing well on current demand dynamics, the firm contends.
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