BofA cuts Norwegian Cruise Line price target to $17
The bank maintained its Neutral rating while reducing earnings-per-share forecasts for 2026 and 2027, citing higher expected fuel and interest costs.
BofA lowered its price target for Norwegian Cruise Line Holdings shares from $21 to $17. Despite the reduction, the bank kept its Neutral rating on the cruise company’s stock.
The bank also revised down its earnings-per-share forecasts for both 2026 and 2027. BofA attributed those cuts to higher fuel and interest costs in its estimates.
BofA said its expectations for net yields had improved, but that the anticipated benefit was more than offset by the increased fuel and interest expenses. The bank therefore reduced its earnings projections for each of the two years alongside the lower share-price target, while leaving its overall rating unchanged.
