B of A Securities Maintains Buy on Starbucks, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains a Buy rating on Starbucks (NASDAQ:SBUX) and raises the price target from $131 to $150.
July 21, 2023 | 4:58 pm
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Starbucks' price target has been raised from $131 to $150 by B of A Securities, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in Starbucks' future performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100