TD Cowen Maintains Hold on Starbucks, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles maintains a Hold rating on Starbucks (NASDAQ:SBUX) but lowers the price target from $85 to $81.
July 17, 2024 | 6:30 pm
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TD Cowen analyst Andrew Charles maintains a Hold rating on Starbucks but lowers the price target from $85 to $81.
The lowered price target from $85 to $81 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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IMPORTANCE 70
RELEVANCE 100