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UPDATE: UBS Downgrades Norwegian Cruise Line

In a note released Wednesday, UBS Global Research analyst Robin Farley downgraded shares of Norwegian Cruise Line (NASDAQ: NCLH) from Buy to Neutral and lowered the price target from $37 to $36.

Farley wrote, "In the next few quarters, we believe NCLH will continue to face a challenging Carib and in 2015, after a challenging first quarter, NCLH will be without benefit of new tonnage until the fourth quarter, so it won't have a new ship delivery to drive yield growth through higher mix of premium ticket price until late 2015."

Latest Ratings for NCLH

DateFirmActionFromTo
Dec 2014DNBDowngradesBuyHold
Dec 2014BarclaysReinstatesOverweight
Dec 2014BarclaysReinstatesOverweight

View More Analyst Ratings for NCLH
View the Latest Analyst Ratings

Posted-In: Robin Farley UBSAnalyst Color Downgrades Price Target Analyst Ratings

 

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