UK: UBS downgrades Diageo
By just-drinks.com editorial team | 1 February 2002
Only a day after JP Morgan upgraded the stock of the world's largest drinks company Diageo, rival investment bank UBS Warburg said on Friday it had downgraded the group to "hold" from "buy", while raising its price target to 790 pence, saying the stock looked fully valued. No further details were immediately available.
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Only a day after JP Morgan upgraded the stock of the world's largest drinks company Diageo, rival investment bank UBS Warburg said on Friday it had downgraded the group to "hold" from "buy", while raising its price target to 790 pence, saying the stock looked fully valued. No further details were immediately available.
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