Information Provided By:
Fly News Breaks for February 23, 2017
NCLH
Feb 23, 2017 | 07:50 EDT
Stifel analyst Steven Wieczynski says that Norwegian Cruise's "formal" 2017 guidance was much less bullish than the comments it made about its outlook. He thinks that the guidance was based on "the entirety of business on the books for 2017 at this point," while the comments reflect the trends of the last eight weeks. If the more recent trends continue, the company's results will surpass its guidance, predicted the analyst. He raised his price target on the shares to $60 from $48 and keeps a Buy rating on the shares.