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Fly News Breaks for September 4, 2019
NCLH
Sep 4, 2019 | 08:54 EDT
Argus analyst John Staszak keeps his Buy rating and $68 price target on Norwegian Cruise Line, saying that as a relatively smaller cruise line, the company has more room to boost capacity over the next several years. The analyst cites Norwegian Cruise Line's plans to spend $1B per year to build new ships over the next several years and expects the added ships to generate "more revenue per berth." Based on the company's balance sheet, Staszak also believes that its stock is valued attractively.