TD Cowen Upgrades Starbucks to Buy, Citing Margin Recovery and Sales Growth
TD Cowen upgraded Starbucks (SBUX) from Hold to Buy with a price target of $120. The move follows Q2 results showing adjusted EPS of $0.50 and 6% comparable store sales growth under CEO Brian Niccol, signaling durable earnings potential.
Topics: Earnings Beat Margin Recovery Sales Growth Starbucks TD Cowen