Barclays Lowers Rating on Norwegian Cruise Line as Rally and Softer Pricing Narrow Upside
Barclays downgraded Norwegian Cruise Line Holdings from Overweight to Equal Weight while maintaining a $23 price target, saying the stock’s recent run-up and indications of softer pricing have reduced the potential upside. The bank flagged weak near-term yield trends, continued Caribbean pricing declines into 2026, a shift in the Norwegian brand to…