Stifel Maintains Buy on Starbucks, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull maintains a Buy rating on Starbucks but lowers the price target from $110 to $105.

October 23, 2024 | 11:55 am
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Stifel analyst Chris O'Cull maintains a Buy rating on Starbucks but lowers the price target from $110 to $105, indicating a slightly less optimistic outlook.
The analyst's decision to maintain a Buy rating suggests continued confidence in Starbucks' performance, but the lowered price target reflects a slightly more cautious outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100