Cowen & Co. Thinks Starbucks’ Stock is Going to Recover
09 April 2022 - 11:04AM
TipRanks
In a report issued on March 16, Andrew Charles from Cowen & Co.
maintained a Buy rating on Starbucks (SBUX – Research Report), with
a price target of $115.00. The company's shares closed last Friday
at $81.52, close to its 52-week low of $78.92. According to
TipRanks.com, Charles is a 5-star analyst with an average return of
13.0% and a 61.8% success rate. Charles covers the Services sector,
focusing on stocks such as Restaurant Brands International, First
Watch Restaurant Group, and Jack In The Box. Starbucks has an
analyst consensus of Moderate Buy, with a price target consensus of
$112.95, which is a 35.8% upside from current levels.
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