Wedbush Maintains Neutral on Starbucks, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains a Neutral rating on Starbucks (NASDAQ:SBUX) and lowers the price target from $81 to $77.
July 19, 2024 | 3:04 pm
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Wedbush analyst Nick Setyan maintains a Neutral rating on Starbucks and lowers the price target from $81 to $77.
The lowered price target from $81 to $77 suggests a less optimistic outlook for Starbucks' stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100