Starbucks results disappoint, new CEO must brew up growth
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Starbucks (SBUX) PT Lowered to $66 at Stifel Following 2Q
April 28, 2017 7:53 AM EDTStifel lowered its price target on Starbucks (NASDAQ: SBUX) to $66.00 (from $67.00) while maintaining a Buy rating. SBUX reported disappointing 2Q global and U.S. comparable store sales growth, each up 3% compared to the consensus of 3.5%-4.0%. EPS of $0.45 was inline with consensus but... More
Starbucks (SBUX) PT Raised to $57 at Credit Suisse Following In-Line 2Q
April 28, 2017 7:06 AM EDTCredit Suisse raised its price target on Starbucks (NASDAQ: SBUX) to $57.00 (from $55.00) while maintaining a Neutral rating. F2Q US same stores sales of +3% came in near the low end of +3-4% expectations. EPS of 45c matched consensus estimates. Adjusted EBIT was $949mm... More
