Starbucks (NASDAQ:SBUX) Now Covered by Citizens Jmp

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Citizens Jmp has initiated coverage on Starbucks (NASDAQ:SBUX) with a “mkt underperform” rating and an $84.00 price target, suggesting a potential downside. Despite this, the overall analyst consensus remains a “Moderate Buy” with a target price of $103.07. The company recently reported quarterly EPS of $0.56, missing estimates, but revenue exceeded expectations at $9.92 billion.

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