Starbucks forecasts steamy sales despite pressure in China
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Starbucks (SBUX) PT Raised to $135 at Cowen
July 28, 2021 6:47 AM EDTCowen analyst Andrew Charles raised the price target on Starbucks (NASDAQ: SBUX) to $135.00 (from $126.00) while maintaining an Outperform rating.
The analyst commented, "We fervently argue the better than expected 3Q U.S. comps (+0.86 correlation with pre-COVID-19 FY1 P/E multiple) and EPS... More
Starbucks (SBUX) PT Raised to $126 at Guggenheim
July 28, 2021 6:22 AM EDTGuggenheim analyst Gregory Francfort raised the price target on Starbucks (NASDAQ: SBUX) to $126.00 (from $125.00) while maintaining a Neutral rating.
The analyst commented, "Starbucks reported a solid 3Q print with $1.01 of EPS beating our $0.80 estimate. While U.S. comps of +84% were solid,... More
