Wedbush Maintains Neutral on Starbucks, Raises Price Target to $112
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has maintained a Neutral rating on Starbucks (NASDAQ:SBUX) and raised the price target from $110 to $112.
July 28, 2023 | 12:46 pm
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NEUTRAL IMPACT
Starbucks' price target has been raised from $110 to $112 by Wedbush, while maintaining a Neutral rating.
The news is directly about Starbucks. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100