TD Cowen lowered the firm’s price target on Starbucks to $100 from $102 and keeps a Hold rating on the shares. The firm previewed the quarter and said while it’s expected that this will be the 3rd consecutive reduction in 2024 same store sales, they do not view this as a buying opportunity ahead of results.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
