Wedbush Maintains Neutral on Starbucks, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained a Neutral rating on Starbucks (NASDAQ:SBUX) and raised the price target from $100 to $106.
November 06, 2023 | 3:28 pm
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NEUTRAL IMPACT
Starbucks' price target has been raised from $100 to $106 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 short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100