B of A Securities Maintains Buy on Starbucks, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains a Buy rating on Starbucks and raises the price target from $112 to $118.
September 18, 2024 | 10:44 am
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Starbucks and increased the price target from $112 to $118, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and an increased price target by a reputable analyst can boost investor confidence and potentially lead to a short-term increase in Starbucks' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100