Morgan Stanley Maintains Underweight on Norwegian Cruise Line, Lowers Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Underweight rating on Norwegian Cruise Line (NYSE:NCLH) and lowered the price target from $14.5 to $13.5.
November 02, 2023 | 6:55 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Norwegian Cruise Line and lowered the price target, which could negatively impact the stock price.
The lowered price target by Morgan Stanley indicates a bearish outlook for Norwegian Cruise Line. This could lead to a decrease in the stock price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100