Starbucks Reports Q4 Fiscal 2020 Results

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Starbucks (SBUX) PT Raised to $93 at BMO Capital

October 30, 2020 7:19 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on Starbucks (NASDAQ: SBUX) to $93.00 (from $75.00) while maintaining a Market Perform rating following the company's 4Q earnings report. EPS of $0.51 exceeded consensus by $0.20 reflecting stronger comps/ margins.

SBUX provided FY21 guidance largely in... More