"America's No. 1 Retirement Stock" (Name Inside)

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

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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