I am long SBUX at the moment and expecting it to retest and subsequently exceed the 2013 highs imminently, especially after Starbucks posted earnings of 67 cents per share on $4.15 billion in revenue versus the expected 66 cents on earnings on $4.14 billion.
The stock currently has an average rating of “Buy” and an average target price of $87.33 (Via the ticker report website)
Please note that this is a long term trade, I am expecting to keep the position open for a good couple of months.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.