Dear Client:UBS downgraded its rating on Pernod Ricard to neutral from buy yesterday because they’re expecting growth to dwindle for the industry in the near term, said analyst Melissa Earlam in a research note. The top line performance of spirits companies (and the broader beverages sector) is likely to be very weak for the next … Continue reading "UBS Downgrades Pernod Due to Dwindling Consumption"