TD Cowen Reiterates Market Perform on Starbucks, Maintains $107 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Agnes Lim has reiterated a 'Market Perform' rating on Starbucks (NASDAQ:SBUX) and maintained a price target of $107.

September 20, 2023 | 10:50 am
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TD Cowen analyst has reiterated a 'Market Perform' rating on Starbucks and maintained a price target of $107.
The news is directly about Starbucks and its stock rating. The 'Market Perform' rating suggests that the analyst expects the stock to perform similarly to the overall market, indicating a neutral outlook. The maintained price target of $107 also suggests no significant changes in the stock's valuation. Therefore, the short-term impact on the stock price is likely to be neutral.
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