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flag Diageo shares rose 4% to $22.88 on Friday amid broad market gains, with no specific catalyst noted.

flag Diageo shares rose 4% on Friday, reaching $22.88, driven by broader market trends without a specific catalyst identified. flag The stock traded below its 50-day and 200-day moving averages, with volume below average. flag Jefferies maintained a “buy” rating, projecting 33% upside, while the consensus rating remains “moderate buy.” The company, a global spirits and beer producer, reported strong financial metrics, including low volatility and a market cap of £38.39 billion.

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