Over more than five decades (NASDAQ: SBUX) has become a ubiquitous coffeehouse chain with one of the world’s most recognizable consumer brands. And shareholders who’ve held on along the way have also been rewarded thanks to a steadily rising stock price.
As of this writing, this top restaurant enterprise carries a market cap of $100 billion. That’s after shares have fallen 30% from their peak price, which was set in July 2021.
Starbucks‘ biggest bulls hope that another milestone can be achieved in the long term. Can this industry leader increase 10-fold to reach a trillion-dollar market cap by 2050?
Source Fool.com
Starbucks Corp. Stock
Starbucks Corp. gained 0.920% compared to yesterday.
Starbucks Corp. is currently one of the favorites of our community with 15 Buy predictions and no Sell predictions.
As a result the target price of 106 € shows a positive potential of 28.55% compared to the current price of 82.46 € for Starbucks Corp..
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