Wedbush Reiterates Neutral on Starbucks, Maintains $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated a Neutral rating on Starbucks (NASDAQ:SBUX) and maintained a $95 price target on the company's stock.
January 31, 2024 | 11:54 am
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NEUTRAL IMPACT
Wedbush analyst Nick Setyan reaffirmed a Neutral rating on Starbucks and maintained a $95 price target.
The reiteration of a Neutral rating and maintenance of the price target suggests no significant change in the analyst's outlook for Starbucks. This is likely to have a neutral short term impact on the stock as it does not alter the investment thesis or present new information.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100