Deutsche Bank Starts Starbucks (SBUX) at Buy, 'A Grande Long-Term Story'

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OTR Global Downgrades Starbucks (SBUX) to Mixed

October 18, 2023 9:29 AM EDT

OTR Global downgraded Starbucks (NASDAQ: SBUX) from Positive to Mixed.


For an analyst ratings summary and ratings history on Starbucks click here. For more ratings news on Starbucks click here.


Shares of Starbucks closed at $94.18 yesterday.

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Starbucks launches smaller cup size in China as competition grows

October 18, 2023 6:44 AM EDT

By Sophie Yu and Brenda Goh

BEIJING (Reuters) - U.S. coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in the country intensifies.

Rolled out across its 6,500 stores on Tuesday, the 259ml cup is part of a new range the company calls "Intenso Collection", and can hold more espresso with less milk or cream, making it more... More