Starbucks Corporation (NASDAQ:SBUX) Given Consensus Recommendation of "Moderate Buy" by Brokerages

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Starbucks Corporation (NASDAQ:SBUX) has received a “Moderate Buy” consensus rating from analysts, with an average 12-month price target of $103.81. While the company missed recent EPS estimates, it surpassed revenue expectations and is undertaking a $2 billion cost-savings plan and store expansion initiatives. However, insider selling and rising governance concerns present potential execution risks for its turnaround efforts.

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