Guggenheim lowered the firm’s price target on Starbucks (SBUX) to $83 from $95 and keeps a Neutral rating on the shares. Ahead of Starbuck’s fiscal Q2 earnings due Tuesday evening, the firm is lowering its 2025 and 2026 EPS estimates to $2.80 and $3.10 from $2.90 and $3.45, respectively.
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