Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) tanked in early trading on Tuesday, after the company reported mixed fourth-quarter results on Monday.
Here are the key analyst insights:
- Benchmark analyst Matthew Harrigan reiterated a Neutral rating, while cutting the price target from $20 to $19.
- BofA Securities analyst Andrew Didora maintained a Neutral rating, while reducing the price target from $30 to $27.
Check out other analyst stock ratings.
Benchmark: Norwegian Cruise Line reported adjusted earnings of 28 cents per share. It beat Street expectations of 27 cents per share, Harrigan said in a note. The company’s adjusted EBITDA and margin as a percentage of net cruise revenues of $564 million and 32.6% came in higher than consensus estimates of $556 million and …