Shares of Norwegian Cruise Lines (NCLH) are rising after the company upped its full-year outlook and Mizuho lifted its guidance on the stock to Buy. Yahoo Finance's Seana Smith and Madison Mills break down the cruise sector's latest trends following strong performances from both Norwegian and Viking (VIK). For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Mizuho Securities analysts upgraded shares of the cruise line company to Buy from Neutral, and raised their price target to $24 from $21.
Two consumer discretionary stocks that have made their way onto the Zacks Rank #1 (Strong Buy) list in the last month and looked poised to move higher are cruise line operators Norwegian Cruise Line (NCLH) and Royal Caribbean Cruises (RCL).