Morgan Stanley analyst Stephen Grambling lowered the firm’s price target on Viking Holdings (VIK) to $47 from $49 and keeps an Overweight rating on the shares. As a result of weak channel checks, some spotty data in U.S. airlines and hotels, and the firm’s economists’ GDP downgrades, the firm is reducing its net revenue yield assumptions by about 50 basis points in 2025 and by about 100 basis points in 2026.
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