TD Cowen Upgrades Starbucks to Buy, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has upgraded Starbucks (NASDAQ:SBUX) from Hold to Buy and raised the price target from $81 to $105.
August 13, 2024 | 5:51 pm
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TD Cowen analyst Andrew Charles has upgraded Starbucks from Hold to Buy and raised the price target from $81 to $105.
The upgrade from Hold to Buy and the significant increase in the price target from $81 to $105 by TD Cowen is a strong positive signal for Starbucks. This suggests increased confidence in the company's future performance, likely leading to a short-term boost in the stock price.
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IMPORTANCE 80
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