Deutsche Bank analyst Lauren Silberman raised the firm’s price target on Starbucks (SBUX) to $113 from $107 and keeps a Buy rating on the shares.
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:
- Improving Sales but Pressured Margins and Full Valuation Justify Hold Rating on Starbucks
- Starbucks (SBUX) Earnings Call: Growth Returns, Margins Lag
- “Current Threat Landscape” Opens Corporate Jet to Niccol, Starbucks Stock (NASDAQ:SBUX) Jumps Regardless
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Midday Fly By: AT&T reports Q4 beat, Amazon cuts 16,000 jobs