Citigroup Maintains Neutral on Starbucks, Lowers Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Starbucks (NASDAQ:SBUX) and lowers the price target from $103 to $102.
March 13, 2024 | 8:59 pm
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Citigroup maintains a Neutral rating on Starbucks and lowers the price target from $103 to $102.
The reduction in price target by Citigroup, even if slight, could lead to a negative short-term sentiment among investors, potentially causing a minor decrease in Starbucks' stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100