- 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.
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