Evercore ISI analyst David Palmer maintained a Hold rating on Starbucks (SBUX – Research Report) yesterday and set a price target of $95.00. The company's shares closed last Thursday at $76.58, close to its 52-week low of $74.68. According to TipRanks.com, Palmer is a 5-star analyst with an average return of 7.4% and a 62.3% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, BellRing Brands, and Conagra Brands. Starbucks has an analyst consensus of Moderate Buy, with a price target consensus of $106.55, implying a 40.9% upside from current levels.
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Starbucks (NASDAQ:SBUX)
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