Weekly Update

Share Update & Outlook on Starbucks Corporation (NASDAQ:SBUX)

Starbucks Corporation (NASDAQ:SBUX) shares have moved -0.92% in the most recent trading session. In the session, the stock touched a high of $61.00 and saw a low of $60.34. Shares have been recently noted at -1.90% away from the 50 day moving average of $61.51. Tracking the stock price relative to its moving averages may be usefull when trying to gauge future share movement. If shares are trading above the moving average, the moving average may give a support level. If the shares are trading below a moving average, the average may offer a resistance level. 

Shares have been recently noted at -1.90% away from the 50 day moving average of $61.51. Keeping an eye on the stock price relative to its moving averages may be useful when trying to figure out share movement in the future. When the stock is trading above the moving average, the moving average might offer a level of support. When the stock is trading below a moving average, the average may provide a level of resistance.

It may be helpful to follow analyst views on company stock. Covering analysts issue reports which often provide stock target prices. The company currently has a target price of $66.52. This consensus target price includes projections from analysts polled by First Call.

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