Travel & Leisure Demand: Norwegian Cruise Line (NCLH), Vail Resorts (MTN)

The Norwegian Cruise Line (NCLH) stock price is up over 30% year-to-date. Macquarie has an outperform rating on NCLH with a $20 price target. "I am keeping an eye on volumes now as pricing seems to be holding. Fiscal year 2023 booked position is just shy of year-end expectations," says Paul Golding. Macquarie has a neutral rating on Vail Resorts (MTN) with a $235 price target on the stock. "Destination visits have been below expectations. MTN is fairly valued at these levels and favorable on management execution," adds Golding.

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