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Fly News Breaks for June 5, 2019
NCLH
Jun 5, 2019 | 10:45 EDT
Buckingham analyst Daniel McKenzie downgraded Norwegian Cruise Line to Neutral from Buy and lowered his price target to $56 from $77, saying it is a "great story," but the loss of Cuba "hurts." While travel demand remains solid, McKenzie tells investors in a research note that the investment case becomes more challenging on a double-digit EPS CAGR through 2020 that is now at risk.
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