Starbucks shares are trading higher after Bernstein upgraded the stock from Market Perform to Outperform and raised its price target from $92 to $115.
Portfolio Pulse from Benzinga Newsdesk
Starbucks shares rise as Bernstein upgrades the stock from Market Perform to Outperform, increasing the price target from $92 to $115.
September 26, 2024 | 2:20 pm
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POSITIVE IMPACT
Bernstein has upgraded Starbucks from Market Perform to Outperform, raising the price target from $92 to $115, leading to a rise in Starbucks shares.
The upgrade by Bernstein from Market Perform to Outperform and the increase in price target from $92 to $115 is a strong positive signal for investors, indicating confidence in Starbucks' future performance. This has led to an immediate positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100