Citigroup Maintains Neutral on Starbucks, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Starbucks (NASDAQ:SBUX) and increased the price target from $102 to $103.

January 31, 2024 | 11:15 am
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Citigroup has maintained a Neutral rating on Starbucks and raised the price target from $102 to $103, indicating a marginal increase in expected stock performance.
The increase in price target by Citigroup suggests a slight improvement in the expected performance of Starbucks' stock. While the rating remains Neutral, the higher price target could be seen as a modest positive signal to investors, potentially leading to a short-term increase in the stock price.
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