 Diageo PLC LSE:DGE had its forecasts and share price target cut by Barclays as it faces volatility in China and some Americas consumers changing their buying habits due to inflation, said Barclays, as well as a recovery in sterling. Interim results next month likely to see a big focus on the impact of inflation on consumer demand for its products, which include Baileys, Tanqueray, Johnnie Walker, Don Julio and Captain Morgan. 