Broker Recommendations

RBC Capital lifts Diageo to 'sector perform'

By Michele Maatouk

Date: Monday 12 Aug 2024

(Sharecast News) - RBC Capital Markets upgraded Diageo on Monday to 'sector perform' from 'underperform' and lifted the price target to 2,400p from 2,100p.
"The 'affordable luxury' investment case is threadbare," RBC said.

"With a new CFO and IR joining imminently, Diageo has the opportunity to reset expectations based on...

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