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Starbucks price target lowered to $99 from $100 at Citi

Citi lowered the firm’s price target on Starbucks (SBUX) to $99 from $100 and keeps a Neutral rating on the shares. The firm adjusted estimates following the company’s fiscal Q3 report. It sees the investor event in fiscal Q2 of 2026 as a potential catalyst for the shares.

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