Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee .
Based on 24 analysts offering 12 month price targets for Starbucks in the last 3 months. The average price target is $113.11 with a high forecast of $125.00 and a low forecast of $100.00. The average price target represents a 4.70% increase from the last price of $108.03.
I picked up the April $110 calls last week for $1.28 -- I have a $124.00 price target on SBUX by the end of March. The only drag is the SPY and the markets' weakness because of the rise in the dollar and yields. When you get a ten-year yield to rise above %1.50, it beats the annualized SPY because it's supposed to be "risk-free". So money rotates out of the market and chases these yields and into the dollar.