Starbucks suspends annual forecast as new CEO prepares turnaround plan
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Starbucks (SBUX) PT Lowered to $104 at CFRA
October 23, 2024 12:50 PM EDTCFRA analyst Arun Sundaram lowered the price target on Starbucks (NASDAQ: SBUX) to $104.00 (from $108.00) while maintaining a Buy rating.
The analyst comments "SBUX released preliminary FQ4 (Sep-Q) results. Revenues of $9.10B (-3% Y/Y) missed the $9.36B consensus. GAAP EPS of $0.80... More
Starbucks (SBUX) PT Raised to $95 at UBS
October 23, 2024 6:32 AM EDTUBS analyst Dennis Geiger raised the price target on Starbucks (NASDAQ: SBUX) to $95.00 (from $85.00) while maintaining a Neutral rating.
The analyst comments "SBUX reported preliminary F4Q results today, while new CEO Brian Niccol introduced the "Back to Starbucks" strategic initiatives, w/ more details to... More
Starbucks (SBUX) PT Lowered to $93 at Guggenheim
October 23, 2024 6:20 AM EDTGuggenheim analyst Gregory Francfort lowered the price target on Starbucks (NASDAQ: SBUX) to $93.00 (from $95.00) while maintaining a Neutral rating.
The analyst comments "Key Message: Starbucks pre-announced F4Q sales and EPS post-close yesterday. Comps were on the lower end of our range of... More
Goldman Sachs Reiterates Buy Rating on Starbucks (SBUX)
October 23, 2024 6:13 AM EDTGoldman Sachs analyst Christine Cho reiterated a Buy rating and $105.00 price target on Starbucks (NASDAQ: SBUX).
The analyst comments "Starbucks announced preliminary 4Q24 and FY24 results today, with 4Q24 sales of $9.1bn (-3.2% YoY on a constant currency basis, 2.7%/3.1% below GS/consensus estimates). The... More
Starbucks (SBUX) PT Lowered to $96 at Citi
October 23, 2024 6:03 AM EDTCiti analyst Jon Tower lowered the price target on Starbucks (NASDAQ: SBUX) to $96.00 (from $99.00) while maintaining a Neutral rating.
The analyst comments "SBUXs pre-announcement alluded to many strategic discussions in the investment community (re-investment in stores, investments in labor, re-focusing on the in-store... More
Starbucks (SBUX) PT Raised to $120 at Deutsche Bank
October 23, 2024 5:51 AM EDTDeutsche Bank analyst Lauren Silberman raised the price target on Starbucks (NASDAQ: SBUX) to $120.00 (from $118.00) while maintaining a Buy rating.
The analyst comments "SBUX pre-released disappointing F4Q results ahead of earnings next week (10/30), though we see... More
