Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In

If you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview before you move your money. There's a BETTER AI stock to buy than NVDA right now, especially in the coming $7 trillion A.I. boom.

Morgan Stanley Cuts Norwegian Cruise Line Price Target On Weak Q2 Earnings

Shivani Kumaresan
August 12, 2022
  • Morgan Stanley analyst Thomas Allen reiterated an equal-weight rating on Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) and lowered the price target to $13 from $14.
  • The analyst lowered the price target after Norwegian reported worse-than-expected financial results and issued guidance below analyst estimates.
  • Allen added that the possible weakening of consumer spending, high European exposure in Summer, elevated oil prices, and COVID-19 resurgence are the risks to the company’s performance.
  • However, the analyst finds Norwegian Cruise to be better positioned than its peers due to high-end and Alaska exposure.
  • Price Action: NCLH shares closed higher by 3.05% at $14.18 on Friday.

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