Shares of Starbucks (NASDAQ:SBUX) were the recipient of some unusual
options trading on Thursday. Traders purchased 22,017 put options on the
stock, ARN reports. This represents an increase of approximately 444% compared to the average volume of 4,049 put options.
A number of research firms have recently commented on SBUX. Analysts at Janney Montgomery Scott downgraded shares of Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, January 15th. Analysts at Morgan Stanley raised their price target on shares of Starbucks from $88.00 to $97.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Analysts at Goldman Sachs initiated coverage on shares of Starbucks in a research note on Monday, December 8th. They set a “buy” rating and a $95.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Starbucks from $88.00 to $97.00 and gave the company a “buy” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $90.86.
Read more Click here / www.trade4x.net
A number of research firms have recently commented on SBUX. Analysts at Janney Montgomery Scott downgraded shares of Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, January 15th. Analysts at Morgan Stanley raised their price target on shares of Starbucks from $88.00 to $97.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Analysts at Goldman Sachs initiated coverage on shares of Starbucks in a research note on Monday, December 8th. They set a “buy” rating and a $95.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Starbucks from $88.00 to $97.00 and gave the company a “buy” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $90.86.
Read more Click here / www.trade4x.net
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