Citi analyst Jon Tower lowered the firm’s price target on Starbucks (SBUX) to $92 from $94 and keeps a Neutral rating on the shares. The firm believes questions remain for Starbucks post the earnings report and investor event.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
- “Our Point of Differentiation”: Starbucks Stock (NASDAQ:SBUX) Slides as the Cafe is About More Than a Third Place
- Starbucks price target raised to $100 from $94 at UBS
- Starbucks price target raised to $89 from $84 at TD Cowen
- Starbucks price target raised to $120 from $115 at BMO Capital
- Starbucks price target raised to $103 from $100 at Piper Sandler