TD Cowen Reiterates Outperform on Starbucks, Maintains $117 Price Target
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Agnes Lim has reiterated an 'Outperform' rating on Starbucks (NASDAQ:SBUX) and maintained a price target of $117.
August 04, 2023 | 10:44 am
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Starbucks has received an 'Outperform' rating from TD Cowen, with a maintained price target of $117.
The 'Outperform' rating from TD Cowen indicates a positive outlook for Starbucks. This could potentially attract more investors, driving the stock price up in the short term. The maintained price target of $117 also suggests that the analyst believes the stock is undervalued, which could further boost investor confidence.
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IMPORTANCE 80
RELEVANCE 100