Stephens & Co. Maintains Equal-Weight on Starbucks, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long maintains an Equal-Weight rating on Starbucks (NASDAQ:SBUX) and raises the price target from $103 to $110.
July 14, 2023 | 10:40 am
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Starbucks' price target has been raised from $103 to $110 by Stephens & Co. The rating remains at Equal-Weight.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100