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Starbucks price target raised to $95 from $90 at Guggenheim

Guggenheim raised the firm’s price target on Starbucks (SBUX) to $95 from $90 and keeps a Neutral rating on the shares. The firm is raising its fiscal Q2 U.S. same-store sales growth estimate to 4.8% but lowering its FY26, FY27, and FY28 EPS estimates, each by 5c, the analyst tells investors.

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