Starbucks (SBUX) PT Lowered to $120 at Citi
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Starbucks (SBUX) PT Lowered to $130 at Jefferies
February 2, 2022 8:14 AM ESTJefferies analyst Andy Barish lowered the price target on Starbucks (NASDAQ: SBUX) to $130.00 (from $142.00) while maintaining a Buy rating.
... MoreStarbucks (SBUX) Shares Dip as Rising Costs Hurt Profit, Goldman Downgrades to Neutral
February 2, 2022 7:52 AM ESTStarbucks (NASDAQ: SBUX) reported worse-than-expected Q1 2022 earnings and lowered its earnings guidance for FY2022 as higher costs weighed on profits.
For the quarter that ended January 2, the coffeehouse giant reported adjusted EPS of 72 cents, compared to the analysts consensus of 80 cents.
This holiday quarter delivered strong revenue growth highlighted by incredible customer demand for Starbucks. As we enter the third year of this pandemic, our stores continue to play an important role as a community gathering place that offers safe, familiar and convenient experiences for our customers, said Kevin Johnson, president and... More
Starbucks (SBUX) PT Lowered to $125 at BMO Capital
February 2, 2022 7:41 AM ESTBMO Capital analyst Andrew Strelzik lowered the price target on Starbucks (NASDAQ: SBUX) to $125.00 (from $135.00) while maintaining an Outperform rating.
The analyst commented, "SBUXs F1Q22 EPS of $0.72 fell $0.08 short of consensus as weaker margins and International comps more than offset stronger... More
