Norwegian Cruise Line downgraded to Neutral from Buy at UBS UBS downgraded Norwegian Cruise Line to Neutral following the Q2 report citing low Caribbean yield growth and expectations 2015 will remain challenging given high Caribbean exposure. Price target lowered to $36 from $37.
Norwegian Cruise Line appoints Andy Stuart to President and COO Norwegian Cruise Line announced that company veteran Andy Stuart has been named President and COO of Norwegian Cruise Line effective today, following the resignation of Drew Madsen. Stuart most recently served as Executive Vice President of Sales.
Norwegian Cruise Line upgraded to Buy from Neutral at UBS UBS upgraded Norwegian Cruise Line to Buy citing accretion from the Prestige acquisition and expectations for earnings growth. The firm raised its price target for shares to $55 from $39.