Citigroup Maintains Neutral on Starbucks, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Starbucks (NASDAQ:SBUX) but raises the price target from $82 to $98.
August 14, 2024 | 4:21 pm
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Citigroup analyst Jon Tower maintains a Neutral rating on Starbucks but raises the price target from $82 to $98.
The raised price target from $82 to $98 suggests a positive outlook on Starbucks' future performance, which could lead to a short-term increase in stock price despite the Neutral rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100