Diageo upgraded after 42% slide. But it's still not time to buy
Portfolio Pulse from
Deutsche Bank has upgraded Diageo PLC to 'hold' from 'sell' after a 42% stock decline, indicating the stock is now 'substantially de-risked'. The price target remains at 2,020p, suggesting a 6.5% downside.
March 03, 2025 | 3:30 pm
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NEUTRAL IMPACT
Deutsche Bank upgraded Diageo to 'hold' from 'sell' after a 42% decline, but maintains a price target suggesting a 6.5% downside.
The upgrade to 'hold' suggests a neutral stance, indicating that the stock is no longer a 'sell' but not yet a 'buy'. The maintained price target implies limited short-term upside, leading to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100