Morgan Stanley Maintains Overweight on Starbucks, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour maintains an Overweight rating on Starbucks and raises the price target from $98 to $115.
October 16, 2024 | 11:57 am
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POSITIVE IMPACT
Morgan Stanley analyst Brian Harbour has maintained an Overweight rating on Starbucks and increased the price target from $98 to $115, indicating a positive outlook for the company's stock.
The increase in the price target from $98 to $115 by a reputable analyst at Morgan Stanley suggests a positive outlook for Starbucks' stock. 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