Starbucks shares have recently been upgraded by Evercore ISI from an in-line to outperform rating, with a new price target of $120, reflecting a significant increase from the previous $80. Other analysts have also raised their ratings and price targets, though there are mixed views with some lowering their targets, leading to a consensus rating of Moderate Buy and a target of $98.79. Despite a recent 26% increase in share price over the last month, the stock has underperformed over the last three years, with a 17% decline, despite growing earnings per share (EPS) by 14% annually during that period. The company is set to appoint Brian Niccol as CEO, which has generated optimism among investors, with shares rising 23% following the announcement. However, analysts caution that the stock remains high-risk, suggesting it may underperform in the next year despite recent gains. Overall, while Starbucks shows strong revenue growth, its stock performance has been inconsistent, prompting a closer examination of its fundamentals.