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 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.
Andy Barish, Jefferies equity analyst, joins CNBC's 'Power Lunch' to discuss why Jefferies is downgrading Starbucks, what ...
Starbucks' stock has been under pressure since 2021 as top and bottom line growth has remained elusive. Find out why SBUX ...
You could go to Starbucks and have a normal coffee or the basic pumpkin spice latte that everyone and their mother knows ...
Brief Hosts Seana Smith and Brad Smith check in on some trending tickers on Yahoo Finance. Snowflake (SNOW) has outlined ...
We downgraded Starbucks from Buy to Hold as slowing consumer spending challenges premium brand image and growth expectations.
When it opened in 1994, it was the first San Luis Obispo County location of what is today a massive international coffee ...
Starbucks Korea has revealed its newly revamped store in Edae, a district of Seoul, coinciding with the location's 25th ...
Starbucks' new boss told staff they should figure out where they need to be to get their work done. He has not increased the ...
As September comes to a close, spooky season is right around the corner, and Starbucks is preparing with a new line of ...
ITHACA (WBNG) -- The National Labor Relations Board has ruled that Starbucks closed two Ithaca locations over “antiunion ...
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