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Starbucks stock downgraded
Starbucks Stock Is Slipping. A New Bear Says ‘Uncertainty Is High.’
Jefferies analyst Andy Barish downgraded shares of cafe chain Starbucks to Underperform from Hold. The surge after the naming of a new CEO is “overdone,” he writes.
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.
Starbucks is jolted by a rare bear call from Wall Street
Jefferies downgraded Starbucks Corporation (NASDAQ:SBUX) to an Underperform rating on Tuesday, after having it set at Hold. Analyst Andy Barish and his team think that while the new Brian Niccol will make necessary strategic changes to move the coffee chain in the right direction,
3h
on MSN
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 ...
8h
Starbucks Gets Rare Sell Call as CEO Shakeup Rally ‘Overdone’
It’s too early to get excited about Starbucks Corp.’s prospects for a turnaround even with a new chief executive officer in ...
7h
Starbucks: Get In Now Before This Battleship Finishes Its Turn
Starbucks' stock has been under pressure since 2021 as top and bottom line growth has remained elusive. Find out why SBUX ...
2h
Snowflake, Starbucks, Trump Media: 3 Stocks in Focus
Brief Hosts Seana Smith and Brad Smith check in on some trending tickers on Yahoo Finance. Snowflake (SNOW) has outlined ...
20h
Humor: How to order a complicated TikTok drink from Starbucks in the most annoying way possible
You could go to Starbucks and have a normal coffee or the basic pumpkin spice latte that everyone and their mother knows ...
7h
Starbucks Could Be Back On A Growth Path
Starbucks remains a buy due to expected industry growth and improved company results under new management. Find out why SBUX ...
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 ...
1d
Starbucks has served coffee at this SLO spot for 30 years. Now it’s moving
When it opened in 1994, it was the first San Luis Obispo County location of what is today a massive international coffee ...
3h
Starbucks Korea re-opens overhauled store in Edae
Starbucks Korea has revealed its newly revamped store in Edae, a district of Seoul, coinciding with the location's 25th ...
4d
Starbucks' new CEO — who lives 1,000 miles from HQ — will not tell employees what specific days to come into the office
Starbucks' new boss told staff they should figure out where they need to be to get their work done. He has not increased the ...
13h
Starbucks: Historically Cheap But Shares Appear Fairly Valued At Best
We downgraded Starbucks from Buy to Hold as slowing consumer spending challenges premium brand image and growth expectations.
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