Barclays Maintains Overweight on Starbucks, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Starbucks (NASDAQ:SBUX) but lowers the price target from $95 to $93.
July 31, 2024 | 7:16 pm
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Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Starbucks but lowers the price target from $95 to $93.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100