Starbucks Announces Q2 Fiscal Year 2024 Results Conference Call

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Starbucks (SBUX) PT Lowered to $91 at Guggenheim

April 18, 2024 6:58 AM EDT

Guggenheim analyst Gregory Francfort lowered the price target on Starbucks (NASDAQ: SBUX) to $91.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "We are updating our SBUX estimates ahead of 2Q24 results, trimming sales and earnings to reflect a more challenged... More