World: Morgan Stanley reviewed its ratings for Diageo and InBev
Morgan Stanley downgraded Diageo to ‘equalweight’ from ‘overweight’ and upgraded InBev to ‘overweight’ from ‘equalweight’, Dow Jones Newswires released November 01. The report said it prefers faster growing companies and those with upgrade potential.
In Diageo, Morgan Stanley sees the scale of any potential upgrades as limited compared to peers. Meanwhile it cites InBev as its favorite pick among the €opean brewers. Diageo trades -0.1% at 969p and InBev +0.4% at €44.30.
03 November, 2006