UBS Downgrades Diageo (DEO), Flags Risks in U.S. Spirits Market

Diageo plc (NYSE:DEO) is included among the 11 Worst Performing Dividend Stocks Year-to-Date. UBS Downgrades Diageo (DEO), Flags Risks in U.S. Spirits Market On December 3, UBS downgraded Diageo plc (NYSE:DEO) to Neutral from Buy and also trimmed the stock’s price target to 1,850 GBp from 2,250 GBp. The analyst noted the stock’s share price decline this year and sees continued downside risks in the US spirits market. UBS also questions the likelihood of outperformance in the first half, highlighting weak ...