Market Overview

UPDATE: UBS Downgrades Norwegian Cruise Line

Norwegian Cruise Line Enters China Cruise Market
Nomura Sees 25% Upside In Carnival: Few Consumer Sectors 'Offer Such Growth At Such Reasonable Multiples'
The retail sector heads into Black Friday with a $2 gas tailwind (Seeking Alpha)

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

Sep 2015Wedbush
Sep 2015BarclaysMaintainsOverweight
Sep 2015Credit Agricole

View More Analyst Ratings for NCLH
View the Latest Analyst Ratings

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


Related Articles (NCLH)

View Comments and Join the Discussion!

Get Benzinga's Newsletters