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Fly News Breaks for January 29, 2018
DEO
Jan 29, 2018 | 07:54 EDT
As reported earlier, RBC Capital analyst James Jones downgraded Diageo to Sector Perform from Outperform and lowered his price target to GBP2,400 from GBP2,600. Jones says that while the company is executing competently and the financials are becoming more predictable after some erratic performance, the valuation of the stock now reflects these factors.