In a report issued on July 31, David Tarantino from Robert W. Baird maintained a Hold rating on Starbucks (SBUX – Research Report), with a price target of $83.00. The company's shares closed last Tuesday at $83.71. According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 8.1% and a 61.0% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ's Restaurants. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Starbucks with a $91.55 average price target, representing an 8.1% upside.
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Starbucks (NASDAQ:SBUX)
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