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SBUX

Starbucks

$88.57 /

+1.07 (+1.22%)

08:18
02/13/20
02/13
08:18
02/13/20
08:18

Starbucks initiated with a Buy at MKM Partners

MKM Partners analyst Brett Levy initiated coverage of Starbucks with a Buy rating and $105 price target. The analyst is positive on the company's "unique long-term mix" to build out its "dominant" global business, sustain its strong in-store operations, and continue to make investments in its supply chain and digital infrastructure. Levy adds that the low-double-digit total shareholder returns for Starbucks over the long term warrants his Buy rating, even though the company's operations in the near term may be impacted by the China-related concerns, making the stock volatile.

SBUX Starbucks
$88.57 /

+1.07 (+1.22%)

02/12/20 MKM Partners
Starbucks initiated with a Buy at MKM Partners
01/29/20 BMO Capital
Starbucks price target raised to $85 from $83 at BMO Capital
01/29/20 Oppenheimer
Oppenheimer recommends buying Starbucks into coronavirus concerns
01/29/20 JPMorgan
Starbucks should be bought on post-earnings 'noise,' says JPMorgan

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Technical Analysis
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