Starbucks (SBUX) Announces Two New Coffee Farms

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Starbucks (SBUX) PT Raised to $99 at Citi, 'We believe investors are bracing for a 4Q that includes...'

October 7, 2024 4:27 PM EDT

Citi analyst Jon Tower raised the price target on Starbucks (NASDAQ: SBUX) to $99.00 (from $98.00) while maintaining a Neutral rating.

The analyst comments "We believe investors are bracing for a 4Q that includes: (a) a soft US comp, (b) weaker China... More