Citigroup Maintains Neutral on Starbucks, Lowers Price Target to $104
Citigroup analyst Jon Tower maintains Starbucks (NASDAQ:SBUX) with a Neutral and lowers the price target from $112 to $104.
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Why It Matters
A major bank analyst lowered their expected price for Starbucks stock. This suggests they see some rough spots ahead, even though they're not saying to sell.
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.
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