Market Overview

Credit Suisse Reiterates Outperform, Raises PT On Norwegian Cruise Line Following Miami Investor Meetings

Share:

In a report published Wednesday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH), and raised the price target from $51.00 to $60.00.

In the report, Credit Suisse noted, "We recently met with CFO, Wendy Beck and other finance team members. We found management upbeat on the trajectory of the business and cultural changes as ‘FDR's New Deal' proceeds. With the new team in place, we think NCLH is focused on top-line and pricing optimization, versus one that perhaps had to partially save its way to success during the pre-IPO period. We are raising our TP from $51 to $60."

Norwegian Cruise Line closed on Tuesday at $51.80.

Latest Ratings for NCLH

DateFirmActionFromTo
Nov 2020Morgan StanleyMaintainsUnderweight
Sep 2020BarclaysUpgradesEqual-WeightOverweight
Aug 2020Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for NCLH
View the Latest Analyst Ratings

 

Related Articles (NCLH)

View Comments and Join the Discussion!

Posted-In: Credit Suisse Joel SimkinsAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
NVDASusquehannaMaintains625.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com