JP Morgan Maintains Overweight on Starbucks, Lowers Price Target to $105
JP Morgan analyst John Ivankoe maintains Starbucks (NASDAQ:SBUX) with a Overweight and lowers the price target from $112 to $105.
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Why It Matters
A big bank analyst still likes Starbucks but thinks it might be worth less money soon. This shows they believe in the company long term, even if prices might dip.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.