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Benzinga

Business

Henry Khederian

Why Norwegian Cruise Line Shares Are Getting Hammered Today

Norwegian Cruise Line NYSE Norwegian Cruise Line Holdings Ltd Morgan Stanley

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares are trading lower by 8.81% to $11.64 Wednesday morning. Shares of cruise line operators are falling sharply during Wednesday's trading session amid a series of analyst rating updates and price target adjustments.

Barclays analyst Brandt Montour initiated coverage on Norwegian Cruise Line with an Equal-Weight rating and announces a price target of $14.

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