Barclays Maintains Overweight on Starbucks, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Starbucks but lowers the price target from $110 to $108.
October 31, 2024 | 5:38 pm
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NEUTRAL IMPACT
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Starbucks but lowers the price target from $110 to $108.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100