Starbucks Corp's shares are trading flat after Wedbush analyst Nick Setyan maintained a Neutral rating and raised the price target from $100 to $106. The company's shares have risen by 10% over the past week following better-than-expected Q4 results and comparable sales growth. Starbucks also announced a minimum 3% pay increase for eligible hourly retail employees in the US starting January 1. The company reported an 11.4% YoY sales growth at $9.37 billion in Q4 FY23.