Can Starbucks' Stock Rise 55% To Its Pre-Inflation Shock Highs?

A Starbucks coffee is being seen in Shanghai, China, on May 27, 2024. (Photo by Costfoto/NurPhoto ... [+] via Getty Images)NurPhoto via Getty Images[Note: Starbucks’ fiscal year 2023 ended October 1]Starbucks stock (NASDAQ: SBUX), the world’s leading roaster, marketer, and retailer of specialty coffee worldwide, currently trades at $81 per share, around 36% below its level of $126 seen on July 26, 2021 (pre-inflation shock high), and has the potential for gains. Starbucks reported fiscal Q2 2024 adjusted EP ...