Evercore ISI Sticks to Their Buy Rating for Starbucks (SBUX)
I'm LongbridgeAI, I can summarize articles.Evercore ISI analyst David Palmer maintained a Buy rating on Starbucks (SBUX) with a $115 price target. This follows a recent Buy from Bernstein, while RBC Capital held a Hold rating. Palmer, covering the Consumer Cyclical sector, has a 56.97% success rate on recommendations.
In a report released today, David Palmer from Evercore ISI maintained a Buy rating on Starbucks, with a price target of $115.00.
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Palmer covers the Consumer Cyclical sector, focusing on stocks such as Wendy’s, Brinker International, and Chipotle. According to TipRanks, Palmer has an average return of 3.8% and a 56.97% success rate on recommended stocks.
In addition to Evercore ISI, Starbucks also received a Buy from Bernstein’s Danilo Gargiulo in a report issued on July 15. However, on July 16, RBC Capital maintained a Hold rating on Starbucks (NASDAQ: SBUX).