Starbucks (SBUX) PT Lowered to $117 at Morgan Stanley on Cost Inflation
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises in broad rebound; yields push markets towards weekly declines
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
- SpaceX shares fall as second lockup period ends
Starbucks (SBUX) Stock Up on Upgrade to Overweight at Stephens, Continued Labor Investments Seen as a Smart Move
November 1, 2021 7:41 AM EDTShares of Starbucks (NYSE: SBUX) are up over 1% in pre-open Monday after Stephens analyst James Rutherford upgraded to Overweight from Equal-Weight with a new price target of $130.00 per share (from the prior $118.00).
The upgrade is based on three major positives: 1) September U.S. & China comps accelerated. 2) "Bad" news is out. 3) Support... More
