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Goldman Sachs upgrades Diageo to 'neutral', says downside is limited

By Michele Maatouk

Date: Friday 08 Aug 2025

(Sharecast News) - Goldman Sachs upgraded Diageo to 'neutral' from 'sell' as it said the valuation is supportive and downside is limited.
"We see limited downside risk in FY26, as new management steps-up cost saving to support best-in-class margins and stabilise earnings, albeit visibility remains low and the outlook is based...

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