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Deutsche Bank downgrades Diageo to 'hold' after outperformance

By Michele Maatouk

Date: Wednesday 29 Jul 2026

(Sharecast News) - Deutsche Bank downgraded drinks maker Diageo on Wednesday to 'hold' from 'buy' following its outperformance.
The bank noted that since it upgraded the shares at the end of March, they are up 22%, outperforming the Stoxx 600 food and beverage index by 11%.

Deutsche said its underlying...

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