Norwegian Cruise Line Holdings (NCLH) Remains A Top Pick At Nomura PT to $69

Nomura/Instinet analyst Harry Curtis raised the price target on Norwegian Cruise Line Holdings (NYSE: NCLH) to $69.00 (from $65.00) after the company displayed its ability to quickly adjust package pricing, customer sourcing, and marketing to drive better-than-expected yield results, making it one of the strongest models in cruise.

The analyst stated "We estimate that NCLH’s forward occupancy position for 2019 and 2020 is in line with last year (record-high) and that prices are up ~3%. In addition, recent improvements to NCLH’s sales and marketing process, including earlier final payment dates, have resulted in lower churn in the company’s booked
business". No change to the Buy rating.

You May Also Be Interested In

• Amer Sports Inc. (AS) PT Lowered to $42 at Truist, but 'Momentum continues to surge in a tough macro'
• Klarna (KLAR) PT Lowered to $18 at TD Cowen
• Klarna (KLAR) PT Lowered to $15 at BMO Capital