Starbucks (SBUX) PT Raised to $115 at RBC Capital
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Starbucks (SBUX) PT Raised to $115 at Jefferies
December 10, 2020 8:16 AM ESTJefferies analyst Andy Barish raised the price target on Starbucks (NASDAQ: SBUX) to $115.00 (from $105.00) while maintaining a Buy rating.
The analyst commented, "In an upbeat biennial investor day, SBUX senior mgmt reiterated the "Growth at Scale"opportunity and bumped up most of the... More
Starbucks (SBUX) PT Raised to $101 at BMO Capital Following Investor Day
December 10, 2020 7:27 AM ESTBMO Capital analyst Andrew Strelzik raised the price target on Starbucks (NASDAQ: SBUX) to $101.00 (from $93.00) while maintaining a Market Perform rating following the company's investor day. SBUX's Investor Day was marginally positive, with management outlining strategic growth initiatives that lean into proven drivers while... More
Starbucks (SBUX) PT Raised to $106 at Morgan Stanley After Investor Day
December 10, 2020 6:16 AM ESTMorgan Stanley analyst John Glass raised the price target on Starbucks (NASDAQ: SBUX) to $106.00 (from $98.00) after the company held a virtual investor meeting on Wednesday where the company made 4 key points surrounding the financial outlook:
1) Stronger FY22 EPS growth, up 20%+ off a... More
Stocks expected to have increasing option volume: CIEN ASAN RH SBUX
December 10, 2020 4:15 AM ESTStocks expected to have increasing option volume: CIEN ASAN RH SBUX
... MoreStarbucks eyes walk-thru stores, technology to power post-pandemic growth
December 9, 2020 4:44 PM ESTBy Hilary Russ
NEW YORK (Reuters) - Starbucks Corp Chief Executive Officer Kevin Johnson said customers will flock back to cafes once the coronavirus pandemic is over, even as the company builds more walk-thru locations without seating in major cities.
After efforts to expand U.S. suburban drive-thru locations, the world's largest coffee chain is creating a similar experience for customers on foot. Orders are to be primarily digital, paid for in advance, as the company shifts to new store formats in response to changing habits.
"What we're trying to do is build the... More
Starbucks (SBUX) Reaffirms Fiscal 2021 Guidance and Updates Ongoing Growth Model
December 9, 2020 4:25 PM ESTStarbucks (NASDAQ: SBUX) today hosted its biennial Investor Day virtually. Chief executive officer Kevin Johnson and other Starbucks leaders outlined a vision for the future and discussed the companys progress against its Growth at Scale agenda. With a focus on creating value for all stakeholders, Starbucks believes that responsible growth includes doing the right thing for both people and the planet. The company also provided updates to its ongoing growth model and aims to drive consistent and predictable sales growth and margin expansion while continuing to create significant value for all... More
