Information Provided By:
Fly News Breaks for February 28, 2020
Feb 28, 2020 | 04:54 EDT
Deutsche Bank analyst Chris Woronka downgraded Norwegian Cruise Line to Hold from Buy with a $36 price target.
News For NCLH From the Last 2 Days
May 19, 2022 | 07:21 EDT
Truist analyst Patrick Scholes lowered the firm's price target on Norwegian Cruise Line to $18 from $20 and keeps a Hold rating on the shares as part of a broader research note on the Cruise group. The analyst cites his conversations with senior executives at large travel agencies that specialize in cruises and from examining "big data" on future bookings, stating that while consumers are "clearly" responding to the attractive prices and promotions, prices are nowhere near where cruise lines want them to be, particularly amid rising food and fuel costs.