Citi downgrades Carnival, sees limited upside even as cruise industry recovers

Published Mon, Oct 25 20217:16 AM EDTUpdated Mon, Oct 25 202111:56 AM EDT

A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019.

Richard Tribou | Tribune News Service | Getty Images

Citi downgraded Carnival on Monday, saying it sees limited growth for the stock from here.

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