Starbucks (SBUX) Stock: $105 Price Target And Buy Rating

By Amit Chowdhry ● Apr 25, 2022
  • The shares of Starbucks Corporation (NASDAQ: SBUX) have received a $105 price target from MKM Partners. These are the details.

The shares of Starbucks Corporation (NASDAQ: SBUX) have received a $105 price target from MKM Partners. And MKM Partners analyst Brett Levy is maintaining a “Buy” rating on the shares.

Levy adjusted the rating as part of a broader research note on Restaurants heading into the first-quarter earnings. And many of the moving parts facing the group are skewing negatively, including pricing, inflation, and demand-related issues. 

Plus Levy pointed out that the company is facing choppy international demand picture, especially as China’s economy deals with pauses impacting results.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.