Seeking Alpha

RBC Capital chips away at Diageo's emerging markets story

  • RBC Capital Markets cuts its rating on Diageo (DEO) to Underperform.
  • The investment firm thinks Diageo could see some stumbles in emerging markets.
  • DEO -0.1% premarket
Comments (1)
  • spike77
    , contributor
    Comments (42) | Send Message
     
    The management talent required to grow by acquisition is very different to growth by consolidating the acquired companies into the overall structure, and generic growth. I'll be selling out of my position by 50% and unless they start paying a decent dividend I'll be all out. Had a good ride though so thanks Diageo.
    28 Feb, 09:13 AM Reply Like
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