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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 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 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.
8h
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 ...
3h
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 ...
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 ...
3h
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 ...
5d
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 ...
13d
Starbucks CEO, Brian Niccol, promises a return to the golden age of Starbucks
In a new memo, Niccol offers a clinical deconstruction of what’s going wrong at the coffee chain—and hints as to how he plans ...
14d
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 ...
13d
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.
13d
New CEO Brian Niccol wants to make Starbucks a coffee shop again
Brian Niccol, on his second day as Starbucks’ chief, said in a letter to employees and customers that he wants to return ...
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 ...
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