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Fly News Breaks for February 26, 2020
DGEAF, DEO
Feb 26, 2020 | 09:42 EDT
As previously reported last night, Goldman Sachs analyst Olivier Nicolai initiated coverage of Diageo with a Buy rating and 3600 GBp price target. The analyst is positive on the company's reliable sales growth, superior returns, and balance sheet optionality with a track record of being a high-quality compounder. Nicolai adds that even given the coronavirus impact, his earnings target for FY21/22 is 2% ahead of consensus.
News For DEO;DGEAF From the Last 2 Days
