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It’s time to buy Norwegian Cruise’s stock, says Goldman Sachs

Tomi Kilgore
·2 min read
It’s time to buy Norwegian Cruise’s stock, says Goldman Sachs
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Shares of Norwegian Cruise Line Holdings Ltd. surged Wednesday after Goldman Sachs analyst Stephen Grambling said it was time to buy, citing exposure to “more aspirational consumers” amid stronger signs of pent-up leisure demand. Grambling raised his rating on Norwegian to buy, after being at neutral for at least the past three years. “Just as importantly, [Norwegian’s] smaller fleet size, greater focus on North American consumers and more limited passengers [younger than] 16 years old provide greater flexibility to adjusted to CDC guidelines and/or begin ‘vaccine only’ sailings,” Grambling wrote in a note to clients.