B of A Securities Maintains Buy on Starbucks, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Starbucks (NASDAQ:SBUX) and raised the price target from $108 to $112.
June 10, 2024 | 2:59 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B of A Securities has maintained its Buy rating on Starbucks and raised the price target from $108 to $112, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst firm like B of A Securities suggest positive sentiment and confidence in Starbucks' future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100