Analyst Rating Changes
TD Cowen (Rank#32) has released a research report today on Starbucks, and reiterated their “Outperform” rating on the stock, and maintained their price target of $116 per share on the stock. An Outperform rating indicates that the analyst expects the stock to perform better than the overall market and other stocks in its industry. TD Cowen’s price target of USD 116 suggests that they believe the stock has significant upside potential from its current trading price. TD’s “Outperform” rating indicates that the analyst expects the stock to perform better than the overall market and other stocks in its industry.
STA Research (Rank#136) also chimed in and reiterated their Hold rating on Starbucks. STA’s Hold rating suggests that the analyst believes the stock will perform in line with the overall market and its industry peers. STA Research’s decision to maintain their Hold rating could reflect a more cautious outlook on the stock’s potential for significant growth in the near term.
SBUX Stock Forecast & Analysis
According to the forecasts of 25 analysts, the average target price for the company’s stock over the next 12 months is USD 105.33, which implies an upside potential of around 6% from the current stock price of USD 99.34.
Furthermore, the average analyst rating for Starbucks is Buy, indicating that the majority of analysts covering the stock have a positive outlook on its future prospects. It is worth noting that different firms may use different rating scales, so it is important to consider the specific rating system used by each analyst or research firm.
Stock Target Advisor’s stock analysis has a Bullish outlook on Starbucks based on 9 positive signals and 3 negative signals. It is important to note that these signals are based on various technical and fundamental factors, and should not be the sole basis for investment decisions.
Over the past week, the stock price has declined by 3.08%, while over the past month it has fallen by 8.86%. However, over the past year, the stock price has risen by 19.51%, indicating that the company has delivered positive returns for its investors over the long term.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
