Starbucks (SBUX) PT Raised to $100 at Barclays
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Starbucks (SBUX) Extends Gain, Up 5%
September 14, 2022 9:44 AM EDTStarbucks (NASDAQ: SBUX) Extends Gain, Up 5%
'We are Buyers Here': Analysts Discuss Starbucks (SBUX) Stock After Investor Day
September 14, 2022 7:55 AM EDTDespite shares of Starbucks (NYSE: SBUX) falling 1.38% yesterday, the stock still outperformed the vast majority of the market given the extensive selling pressure in response to another red-hot CPI report.
Starbucks held its 2022 Analyst Day yesterday where its leaders showcased the companys Reinvention plan. Investors and analysts have reflected positively on the new mid-term financial projections.
The company said it expects 15%-20% adjusted EPS growth in FY23-FY25, pushing its shares over 2% higher in premarket Wednesday.
Starbucks is a growth company, and our accelerated expansion is a direct reflection of the... More
