Morgan Stanley Cuts Target on Diageo (DEO) as Growth Pressures Persist

Diageo plc (NYSE:DEO) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio. Morgan Stanley Cuts Target on Diageo (DEO) as Growth Pressures Persist On December 18, Morgan Stanley lowered its price target on Diageo plc (NYSE:DEO) to 1,530 GBp from 1,595 GBp and kept an Underweight rating on the shares. A day earlier, Diageo announced a major asset sale as it works to bring down its debt. The company agreed to sell its stake in its Kenyan business to Asahi in a deal valued at $2.3 bi ...