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Starbucks CEO hype has been ‘overdone,’ Jefferies analysts say in rare downgrade
The shock announcement of Chipotle CEO Brian Niccol taking the helm of Starbucks following former boss Laxman Narasimhan’s departure was a much-needed jolt to the coffee giant’s stock: Company shares were up 22% the day after the news,
Starbucks downgraded as analyst cites execution challenges ahead
Starbucks Corp. was downgraded by Jefferies Tuesday, as the analyst firm highlighted a number of hurdles in the path of new CEO Brian Niccol.
Starbucks stock downgraded as turnaround will need more time, says analyst
On Tuesday before market open, Barish downgraded shares of the coffee giant to underperform, and lowered its price target to $76, citing "a lot of uncertainty over the next 12 months" following the "big run" in the past six weeks since Chipotle's ( CMG) Brian Niccol was named CEO.
Starbucks Stock Downgraded to "Underperform"
Jefferies also cut its price target to $76 from $80 Jefferies downgraded Starbucks Corp (NASDAQ:SBUX) to "underperform" from "hold," with a price-target cut to $76 from $80 before the bell this morning.
2h
Starbucks' new CEO doesn't want the shake-up to end with him
Liu’s appointment marks the second executive shake-up at Starbucks since Niccol took over as CEO in early September, ...
13h
Starbucks: Brian Niccol's Biggest Challenge Yet
Starbucks' growth potential is limited by its already extensive global footprint and competitive market. See why I reiterate ...
1d
Can CEO Brian Niccol reach ‘peak Starbucks’ following Schultz’s path?
Starbucks’ chief is going old school, and the thrust of his changes are very much a return to three-time CEO Howard Schultz’s ...
6d
on MSN
These Analysts Say Brian Niccol's Past Could Help Starbucks' China Recovery. Here's Why
Key Takeaways Addressing lagging sales in China has been seen as a key issue for new Starbucks CEO Brian Niccol. Bank of ...
6d
on MSN
Brian Niccol's Venti Task at Starbucks
In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss: The situation that Niccol is coming into at ...
8h
Starbucks gets a rare sell call despite leadership change
Starbucks faces skepticism despite a new CEO as Jefferies downgrades the stock to a rare sell-equivalent rating, citing ...
15d
Brian Niccol Starts as Starbucks' New CEO Today—What He Needs To Fix ASAP
Starbucks officially has a new CEO, with Brian Niccol taking over the top job Monday. Here are challenges he is facing that ...
15d
Starbucks CEO Brian Niccol faces unique digital challenges as he takes over Seattle coffee giant
Outside Starbucks HQ in Seattle. The company's new CEO, Brian Niccol, officially starts Monday. (GeekWire Photo /) It's the ...
14d
Starbucks CEO Brian Niccol refocuses the company on its core business as he starts first week
Starbucks ( SBUX) new CEO Brian Niccol is brewing up a new chapter for the coffee chain as it focuses on its origins.
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