Bernstein Reaffirms Buy on Viking Holdings with $120 Target

Insider Monkey··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Bernstein analyst Richard Clarke reaffirmed a Buy rating on Viking Holdings and set a price target of $120, implying a 16% upside from current levels. The firm sees travel demand increasing as oil prices decline following the Iran peace deal. Viking Holdings recently launched new European river cruise experiences, including Zeppelin airship excursions on select Rhine River cruises. Earlier, Truist Financial upgraded the stock from Hold to Buy and raised its price target from $75 to $102, citing positive sentiment on luxury, river, and expedition cruises.

Impact on assets 2

Consumer Discretionary▲
Viking Holdings Ltd
VIK
▲ PositiveCapitalrelevance

Bernstein reaffirms Buy rating with $120 target, and Truist upgraded to Buy with $102 target, both positive analyst actions.

Financials▲