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 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 charge, Jefferies analysts said, assigning a rare sell-equivalent rating to the struggling coffee chain operator.
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' 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, ...
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 ...
Walmart upgraded, Starbucks downgraded: Wall Street's top analyst calls
Truist upgraded Walmart (WMT) to Buy from Hold with a price target of $89, up from $76. Walmart continues to gain share ...
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 ...
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.
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 ...
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 ...
Starbucks just released their new line of Halloween cups. Here's how to get one
As September comes to a close, spooky season is right around the corner, and Starbucks is preparing with a new line of ...
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 ...