Viking Holdings: Buy Rating Reiterated as $1bn Buyback Highlights Balance Sheet Strength; Price Target Maintained at $117
Tip Ranks·- Goldman Sachs analyst Lizzie Dove reaffirmed a buy rating on Viking Holdings with a target price of 117.00 USD. - The rating is supported by a newly authorized 1.00 billion USD share repurchase program, highlighting a robust balance sheet and strong cash generation. - The analyst noted that a recent 20% stock price correction was excessive relative to fundamentals, with potential for significant share buybacks by 2029.