tiprankstipranks
Diageo price target lowered to 4,500 GBp from 4,800 GBp at HSBC
The Fly

Diageo price target lowered to 4,500 GBp from 4,800 GBp at HSBC

HSBC analyst Jeremy Fialko lowered the firm’s price target on Diageo to 4,500 GBp from 4,800 GBp and keeps a Buy rating on the shares. While Diageo’s U.S. sales missed forecasts, the underlying situation is better than the first half of 2023 figures suggest, the analyst tells investors in a research note. The firm says other regions are outperforming and the company has good momentum in the second half of the year.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on DEO:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles