Robert W. Baird analyst David Tarantino maintained a Hold rating on Starbucks (SBUX – Research Report) on May 3 and set a price target of $85.00. The company's shares closed last Wednesday at $81.64, close to its 52-week low of $73.38. According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 8.2% and a 58.1% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ's Restaurants. Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $95.62, implying a 20.6% upside from current levels.
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Starbucks (NASDAQ:SBUX)
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