Starbucks reports cooling quarterly growth and pares outlook

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Go back to Starbucks reports cooling quarterly growth and pares outlook

Starbucks (SBUX) PT Lowered to $61 at Oppenheimer

July 27, 2018 9:34 AM EDT

Oppenheimer lowered its price target on Starbucks (NASDAQ: SBUX) to $61.00 (from $66.00) while maintaining an Outperform rating.

Analyst Brian Bittner commented, "There were no surprises in the print as management already updated sales trends and EPS guidance at our Consumer Conference in... More

Starbucks (SBUX) PT Lowered to $54 at Cowen

July 27, 2018 8:52 AM EDT

Cowen lowered its price target on Starbucks (NASDAQ: SBUX) to $54.00 (from $61.00) while maintaining a Market Perform rating.

Analyst Andrew Charles commented, "Traffic challenges to U.S. and China comps are both likely to take time to turn around, leaving us Market Perform.... More