Wedbush Maintains Neutral on Starbucks, Lowers Price Target to $105
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has maintained a Neutral rating on Starbucks (NASDAQ:SBUX) and lowered the price target from $112 to $105.
August 04, 2023 | 10:49 am
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Starbucks' price target has been lowered from $112 to $105 by Wedbush, while maintaining a Neutral rating.
The lowering of the price target by Wedbush indicates a potential decrease in the stock's value. However, the maintained Neutral rating suggests that the overall outlook for the stock remains stable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100