Panera Bread launches $8.99 monthly unlimited coffee subscription
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Starbucks (SBUX) Falls as Panera Bread Launches $8.99 Monthly Unlimited Coffee Subscription
February 27, 2020 7:59 AM ESTStarbucks (NASDAQ: SBUX) is down 1% in pre-open trade after Panera Bread launched $8.99 monthly unlimited coffee subscription. Coronavirus fears are also gripping global restaurant stocks.
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February 27, 2020 7:34 AM ESTSunTrust analyst Jake Bartlett reiterated a Buy rating and $26.00 price target on Wendy's (NASDAQ: WEN) following the company's 4Q earnings report. SSS of +4.3% came in ahead of consensus of +3.1%, showing strong momentum ahead of WEN's 3/2 breakfast launch. WEN's supplemental contribution to breakfast... More
