Starbucks can rally 22% from here despite China restrictions, JPMorgan says

Published Wed, Mar 16 20226:52 AM EDTUpdated Wed, Mar 16 202210:06 AM EDT

A customer exits a Starbucks in Buffalo, New York, U.S., December 7, 2021.

Lindsay DeDario | Reuters

There's big upside for Starbucks shares going forward, even as recent restrictions in China put a damper on the coffee chain's global sales, JPMorgan said.

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