Norwegian Cruise Line falls as Mizuho downgrades stock to 'neutral'
BUZZ-Norwegian Cruise Line falls as Mizuho downgrades stock to 'neutral' ** Share of Norwegian Cruise Line NCLH.N down about 2% at $17.77 premarket
** Brokerage Mizuho downgrades stock to "neutral" from "outperform"; cuts PT to $17 from $22
** Says the cruise operator's turnaround, driven in part by "self-inflicted wounds" including customer-segmentation changes, construction delays and booking-curve adjustments, could keep shares from making meaningful gains over the next 6-12 months
** Notes the turnaround also faces macro headwinds such as Middle East conflict and higher oil prices
** Says cash requirements associated with the turnaround are likely to put pressure on co's finances and borrowing costs
** 9 of 28 brokerages rate the stock "buy" or "higher", 18 "hold" and one "sell"; their median PT is $20 - estimates compiled by LSEG
** Up to last close, stock down ~19% YTD
(Reporting by Shania S Thomas in Bengaluru)