Deutsche Bank Maintains Hold on Starbucks, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Mullan maintains a Hold rating on Starbucks (NASDAQ:SBUX) but lowers the price target from $89 to $85.
July 16, 2024 | 4:07 pm
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Deutsche Bank analyst Brian Mullan maintains a Hold rating on Starbucks but lowers the price target from $89 to $85.
The lowered price target from $89 to $85 suggests a less optimistic outlook for Starbucks' stock performance, which could lead to a short-term negative impact on the stock price.
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