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Tag Archives: reopenings

The Ratings Game: Starbucks’ upcoming gains from restaurant reopenings and federal stimulus drive analyst upgrade

Starbucks Corp. SBUX, +2.68% was upgraded to buy from neutral at BTIG based on the upcoming benefits from restaurant reopenings and federal stimulus cash that will hit consumer bank accounts. BTIG maintained its $ 130 price target. Analysts note that the re-openings are “faster than expected,” and BTIG expects same-store …

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