Starbucks sales miss as COVID-19 resurgence hits China
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Starbucks (SBUX) PT Lowered to $117 at Morgan Stanley
October 29, 2021 8:44 AM EDTMorgan Stanley analyst John Glass lowered the price target on Starbucks (NASDAQ: SBUX) to $117.00 (from $124.00) while maintaining a Equalweight rating.
The analyst commented, "SBUX is well known for investing ahead of the curve, but this round, which materially resets near term margin/EPS... More
Starbucks (SBUX) PT Lowered to $142 at Jefferies
October 29, 2021 8:08 AM EDTJefferies analyst Andy Barish lowered the price target on Starbucks (NASDAQ: SBUX) to $142.00 (from $145.00) while maintaining a Buy rating.
The analyst commented, "F4Q SSS below Cons given Delta/staffing issues, but not unsurprising in our view, and we think these comp headwinds are... More
Starbucks (SBUX) Dips as Q4 Revenues Miss, While Announcing a Targeted $20B in Shareholder Returns
October 28, 2021 5:47 PM EDTStarbucks (NASDAQ: SBUX) reported its Q4 results, with EPS coming in at $1.00, slightly better than the Street estimate of $0.99. Quarterly revenue grew 31% year-over-year to $8.1 billion, which is below the consensus estimate of $8.21 billion.
The companys global comparable-store sales grew 17%, driven by a 15%... More
