JP Morgan Maintains Overweight on Starbucks, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Starbucks and raises the price target from $90 to $105.
September 30, 2024 | 5:24 pm
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JP Morgan analyst John Ivankoe has maintained an Overweight rating on Starbucks and increased the price target from $90 to $105, indicating a positive outlook for the company's stock.
The increase in the price target from $90 to $105 by a reputable analyst at JP Morgan suggests a positive outlook for Starbucks, likely leading to a short-term increase in stock price as investors react to the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100