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Starbucks price target raised to $110 from $103 at Piper Sandler

Piper Sandler analyst Brian Mullan raised the firm’s price target on Starbucks (SBUX) to $110 from $103 and keeps an Overweight rating on the shares following earnings. Overall, the firm thinks the results and outlook were quite solid, and it imagines that Bulls with any kind of duration will be pleased with everything tonight.

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