Stifel Downgrades Starbucks (SBUX) to Hold, Negative EPS Revisions
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Starbucks (SBUX) PT Lowered to $64 at BMO Capital on 3Q Report; 'Softer Global Comps & Weaker Operating Margins'
July 28, 2017 9:11 AM EDTBMO Capital lowered its price target on Starbucks (NASDAQ: SBUX) to $64.00 (from $67.00) while maintaining a Outperform rating, following the company's third quarter earnings announcement.
Analyst Andrew Strelzik notes the company delivered third quarter earnings per share in-line estimates, while revenues were below... More
Guggenheim Downgrades Starbucks (SBUX) to Neutral
July 28, 2017 7:28 AM EDTGuggenheim downgraded Starbucks (NASDAQ: SBUX) from Buy to Neutral.
Analyst Matt Difrisco does not like the newly lowered outlook. He lowers his estimates following a slowdown in SSS data. He further comments "We expect Mercato and other food offerings to be... More
Starbucks (SBUX) PT Lowered to $65 at BofA/Merrill Lynch, Negative EPS Revisions
July 28, 2017 5:31 AM EDTBofA/Merrill Lynch lowered its price target on Starbucks (NASDAQ: SBUX) to $65.00 (from $66.00) while maintaining a Buy rating.
Analyst Greg Francfort believes the company will lower its LT EPS growth target from 15-20% to the mid-teens in Q4 to enable improved flexibility to balance... More
Starbucks (SBUX) PT Lowered to $67 at Nomura/Instinet
July 28, 2017 5:28 AM EDTNomura/Instinet lowered its price target on Starbucks (NASDAQ: SBUX) to $67.00 (from $70.00) while maintaining a Buy rating.
Analyst Mark Kalinowski says the recent acquisition of the remains 50% of the East China JV that the company didn't already own makes sense. He comments "The two... More
UPDATE: Starbucks Coffee (SBUX) Sees FY EPS of 2.05 to $2.06 vs Consensus of $2.10
July 27, 2017 5:47 PM EDT(Updated - July 27, 2017 5:52 PM EDT)
Starbucks Coffee (NASDAQ: SBUX) Sees FY EPS of 2.05 to $2.06 vs Consensus of $2.10
Sees FY revenue growth at low end of 8%-10%Sees Q4 EPS of $0.54-$0.55 vs consensus of $0.58Sees Q4 global comps up 3%-4%... MoreStarbucks Coffee (SBUX) Reports In-Line Q3 EPS, U.S. Comps Increase 5%
July 27, 2017 4:07 PM EDTStarbucks Coffee (NASDAQ: SBUX) reported Q3 EPS of $0.55, in-line with the analyst estimate of $0.55. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $5.75 billion.
Q3 Comp Store Sales Up 5% in the U.S. and Americas, 7% in China and 4% GloballyCompany Announces Strategic... More
