BMO Capital Maintains Outperform on Starbucks, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an Outperform rating on Starbucks and raised its price target from $100 to $110, indicating confidence in the company's future performance.
September 09, 2024 | 12:48 pm
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BMO Capital has increased its price target for Starbucks from $100 to $110 while maintaining an Outperform rating, suggesting a positive outlook for the company's stock.
The increase in price target from $100 to $110 by BMO Capital, along with the maintained Outperform rating, indicates a strong positive sentiment towards Starbucks' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100