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 22, 2023 | 10:09 am
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NEUTRAL IMPACT
Starbucks' stock rating has been reiterated as 'Market Perform' by TD Cowen, with a maintained price target of $107.
The reiteration of the 'Market Perform' rating and the maintenance of the $107 price target by TD Cowen indicates that the analyst believes Starbucks' stock will perform in line with the market. This is neither a particularly positive nor negative signal, hence the neutral score. The relevance is high as the news directly pertains to Starbucks. The importance is moderate as analyst ratings can influence investor sentiment. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100