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

Sarah Min@_sarahmin
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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.