Morgan Stanley Maintains Underweight on Norwegian Cruise Line, Raises Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Underweight rating on Norwegian Cruise Line (NCLH) and raises the price target from $12 to $14.5.
July 06, 2023 | 1:58 pm
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NEGATIVE IMPACT
Morgan Stanley maintains an Underweight rating on NCLH and raises the price target. This could potentially impact the stock negatively in the short term.
The Underweight rating indicates that Morgan Stanley believes NCLH's stock will underperform compared to other stocks. However, the raised price target suggests a slightly more positive outlook than before. This mixed signal could lead to uncertainty and potential short-term negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100