Cruise line sector in focus

|By:, SA News Editor

Nomura raises its price target on Royal Caribbean (RCL +2%) to $50 after taking in the cruise ship operator's positive commentary on booking trends.

The investment firm sees some bouncy trading for the sector just in front of Wave Season as an expected positive outlook from Norwegian Cruise Line Holdings (NCLH +1%) could turn the other away after Carnival (CCL -0.3%) reports in late December.

YTD scorecard: NCLH +33.9%, RCL +27.0%, CCL -6.0%