Ncl stock price if demand continues its upward
If demand continues its upward trajectory, analysts see "NCL stock price" breaking past $18.50, a level viewed as a psychological and technical trigger for momentum buyers. And again, we're not assuming any sort of hockey stick scenario, and I think that's the important thing to keep in mind in your models and your thinking. Citi analyst James Hardiman, who has a four-star rating on TipRanks, kept its rating at Buy and its price target at $34. This is actually 108% above the figure posted at close of trading on Monday. Basically, Hardiman notes that investors were right to be cautious about anything discretionary, which Norwegian very much is. But Hardiman believes investors went too far in their caution, and notes that Norwegian, and the cruise industry, are ââ¦better positioned than they have ever been for turbulent waters.â Options markets show a skew toward bullish calls on "NCL stock price", indicating traders expect upward movement through the next earnings release.
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