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Why Norwegian Cruise Line Stock Popped Today

Why Norwegian Cruise Line Stock Popped Today

As of 11:20 a.m. EDT, the cruise ship operator's stock price was up more than 6%. Goldman Sachs analyst Stephen Grambling raised his rating on Norwegian Cruise Line's shares from neutral to buy on Tuesday. Grambling's new price target represents potential returns to investors of roughly 29% from the stock's current price near $28.65.