16 July 2025 - resignation of CEO
We put up shares in Diageo as a trading buy last month at 1938p with a short-term price target of 2040p. Unfortunately, this proved ill-timed with the shares moving ,lower instead. However, the company has now announced the departure of CEO Debra Crew as it looks to restore investor confidence in the group on the back of lower sales and scrapped growth targets. The news has gone down well with investors with the share price rising significantly today. Some positive comments in the press or from analysts may well cause the shares . . .
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