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Bank of America Securities Reaffirms Their Buy Rating on Diageo (DEO)

Tipranks - Tipranks - Wed Jul 29, 5:10AM CDT

In a report released today, Andrea Pistacchi from Bank of America Securities maintained a Buy rating on Diageo, with a price target of $101.00.

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Pistacchi covers the Consumer Defensive sector, focusing on stocks such as Brown-Forman B, Diageo, and Diageo. According to TipRanks, Pistacchi has an average return of -2.5% and a 42.71% success rate on recommended stocks.

Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $101.00.

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Based on Diageo’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $10.41 billion and a net profit of $1.98 billion. In comparison, last year the company earned a revenue of $10.9 billion and had a net profit of $1.94 billion

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