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JPMorgan resumes NCLH coverage with 'overweight' rating

JPMorgan resumes NCLH coverage with 'overweight' rating
JP Morgan resumed coverage of Norwegian Cruise Line Holdings on Thursday with an 'overweight' rating and a price target of $58.

The brokerage had covered NCLH since it went public in 2013 but halted coverage, as per their internal rules, during the Prestige Cruises acquisition because their bank side was involved in the transaction.

NCLH shares opened at $46.83 Thursday.