Starbucks, Coffee Drinkers Don't Have Time for a Struggling Economy
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During tough times, people may make lunch at home, cancel a streaming subscription or two, drive less. But don't even think about coming for the coffee.
Shares of Starbucks jumped more than 9% Thursday after the company posted better-than-expected Q4 earnings, highlighting how the coffee chain with more than 35,000 locations around the world might be the closest thing to recession-proof.
Source Fool.com
Starbucks Corp. Stock
€68.20
0.980%
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 43.7% for Starbucks Corp. compared to the current price of 68.2 €.
