Citigroup Maintains Neutral on Starbucks, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Starbucks and raises the price target from $98 to $99.
October 08, 2024 | 7:11 pm
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NEUTRAL IMPACT
Citigroup analyst Jon Tower maintains a Neutral rating on Starbucks, slightly increasing the price target from $98 to $99. This suggests a modestly positive outlook but indicates limited short-term upside potential.
The Neutral rating suggests that the analyst does not expect significant short-term price movement. The slight increase in the price target from $98 to $99 indicates a modestly positive outlook but not enough to change the overall neutral stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100