Starbucks Reports Q4 and Full Year Fiscal 2017 Results

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Starbucks (SBUX) PT Lowered to $64 at UBS on 4Q Report; 'Long-Term Guidance Update Should Remove Overhang'

November 3, 2017 9:56 AM EDT

UBS lowered its price target on Starbucks (NASDAQ: SBUX) to $64.00 (from $67.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Dennis Geiger notes a reduced price target on the shares, as the company reported fourth quarter earnings per share results... More