Norwegian Stock Is a Buy, Royal Caribbean Is a Sell, Says Analyst. Here’s Why.



Norwegian Cruise Line Holdings


has strong growth opportunities, while


Royal Caribbean Group


will be dealing with near-term funding requirements, according to a J.P. Morgan analyst.

Daniel Adam assumed coverage of Royal Caribbean (ticker: RCL) with an Underweight rating from Overweight and slashed the price target to $47 from $106. Adam also assumed coverage of Norwegian Cruise Line (NCLH) with an Overweight rating. The 12-month price target was reduced to $30 from $35.

Source: https://www.barrons.com/articles/royal-caribbean-norwegian-cruise-stocks-51670351137?siteid=yhoof2&yptr=yahoo