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Why Carnival Corporation Stock Dropped Today


Shares of Carnival (NYSE: CCL) (NYSE: CUK) fell 2% as of 1:39 a.m. EDT Monday after the cruise company got hit with a downgrade from analysts at Citigroup.

Citi cut its rating on Carnival stock from buy to neutral and slashed its price target to $24.50.

Image source: Getty Images.

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Source Fool.com

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