Viking Holdings price target raised to $62 from $61 at Barclays

Barclays analyst Brandt Montour raised the firm’s price target on Viking Holdings (VIK) to $62 from $61 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the cruise lines. An improving demand backdrop should drive “healthy beats and commentary,” the analyst tells investors in a research note. Barclays likes the sector into year-end citing continued industry-wide share gains, pricing power, and positive catalysts against “still-reasonable valuations.”