RBC has initiated coverage on Starbucks (SBUX) and Chipotle (CMG), giving both stocks an Outperform rating.

Starbucks was given a $115 price target, with analyst Logan Reich citing growth potential and margin improvement in 2025 and 2026. Chipotle was assigned a $70 price target by Reich, with potential for unit growth and other catalysts justifying the valuation.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Kevin Hall