Strategic Organizing Center Launches www.BrewABetterStarbucks.com and Files Preliminary Proxy Statement

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Go back to Strategic Organizing Center Launches www.BrewABetterStarbucks.com and Files Preliminary Proxy Statement

Morgan Stanley sees catalysts for Starbucks (SBUX) despite near-term headwinds

January 16, 2024 9:22 AM EST

(Updated - January 16, 2024 9:29 AM EST)

Starbucks (NASDAQ: SBUX) was lifted to Overweight from Equal-Weight at Morgan Stanley on Tuesday, with analyst Brian Harbour raising the price target to $120 from $112 per share.

Harbour told investors that after recent weakness driven by real headwinds across Starbucks' global... More