Norwegian Cruise Line (NYSE:NCLH) Given New $27.00 Price Target at Stifel Nicolaus

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Stifel Nicolaus has lowered its price target for Norwegian Cruise Line (NYSE:NCLH) from $28.00 to $27.00, while maintaining a “buy” rating, indicating a potential upside of nearly 29%. This adjustment comes as several other analysts have also trimmed their targets, resulting in a consensus “Moderate Buy” rating with an average price target of $24.58. The company recently reported Q1 EPS of $0.28, exceeding estimates, but revenue of $2.24 billion fell short, and it faces a high debt-to-equity ratio of 6.21.

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