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SBUX exposure to China
Starbucks Corporation
Short
SBUX exposure to China
By TopgOptions
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Updated
May 4, 2022
4
Mar 14, 2022
China represents 45%-55% of Starbucks’ international sales and 10%-13% of aggregate sales!
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
My price target for SBUX is $72.
Looking forward to read your opinion about this.
May 4, 2022
Trade closed: target reached
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