12:55 AM EDT, 08/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target price for Diageo ( DEO ) is adjusted to USD112 (from USD124). This is based on FY 26 (Jun.) P/E of 16.3x, which is a discount to its five-year historical average of 21.5x and the industry forward average of 19.6x. We believe our relative valuation appropriately reflects Diageo's ( DEO ) strong portfolio, which has exhibited resilience in the current tariff-induced environment, though our optimism is still limited by weaker consumer confidence in the U.S. We maintain our FY 26 EPS forecasts at USD6.88 and introduce FY 27's at USD7.44. We think Diageo ( DEO ) has done well to reassure the market given recent volume beat and a greater scale in cost savings. The company benefits from differentiated exposure to the global spirits markets, which has contributed to its recent robust performance; however, visibility in the spirits industry remains low, and Diageo's ( DEO ) FY 26 top-line guidance (organic net sales growth in FY 26 to be similar to FY 25 (1.7%) is still uninspiring to us.