Wedbush analyst Nick Setyan maintained a Hold rating on Starbucks (SBUX – Research Report) on April 29 and set a price target of $81.00. The company's shares closed last Friday at $74.64, close to its 52-week low of $74.48. According to TipRanks.com, Setyan is a 4-star analyst with an average return of 6.4% and a 46.2% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John's International, The ONE Group Hospitality, and Brinker International. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Starbucks with a $105.18 average price target, implying a 38.4% upside from current levels.
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