A Bull Market Could Be Here: 3 Reasons to Buy Dutch Bros Stock
Dutch Bros (NYSE: BROS) may not yet be a nationally known household name, but give it time.
This small chain of drive-thru coffee shops is growing fast, adding 38 locales just last quarter to bring its store count up to 754. It's still looking to open at least 150 sites for the full year ending in December, too. For perspective, rival (NASDAQ: SBUX) operates around 15,000 coffee houses in the United States alone.
But is Starbucks' existing dominance a problem for Dutch Bros' expansion plans? Not necessarily.
Source Fool.com
Starbucks Corp. Stock
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With 33 Buy predictions and 1 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 94 € there is a slightly positive potential of 10.03% for Starbucks Corp. compared to the current price of 85.43 €.
