RBC Capital Reiterates Sector Perform on Starbucks, Maintains $102 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril has reiterated a 'Sector Perform' rating on Starbucks (NASDAQ:SBUX) and maintained a price target of $102.
January 31, 2024 | 4:59 pm
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RBC Capital analyst reaffirms 'Sector Perform' rating on Starbucks and keeps a $102 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target by RBC Capital suggests a neutral outlook on Starbucks' stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, and there may not be significant price movement unless new information comes to light.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100