Starbucks (SBUX) Misses Q2 EPS by 12c

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Go back to Starbucks (SBUX) Misses Q2 EPS by 12c

Starbucks (SBUX) PT Lowered to $85 at UBS

May 1, 2024 5:46 AM EDT

UBS analyst Dennis Geiger lowered the price target on Starbucks (NASDAQ: SBUX) to $85.00 (from $95.00) while maintaining a Neutral rating.

The analyst comments "Pressured F2Q results included depressed global sss and margin & earnings downside, while SBUX highlighted strategic plans to support an improved sales... More

Starbucks (SBUX) PT Lowered to $100 at BTIG

May 1, 2024 5:43 AM EDT

BTIG analyst Peter Saleh lowered the price target on Starbucks (NASDAQ: SBUX) to $100.00 (from $115.00) while maintaining a Buy rating.

The analyst comments "Starbucks posted the weakest quarter in recent history with traffic plummeting as the occasional, more value-oriented customer retreated.... More

Starbucks (SBUX) PT Lowered to $92 at Evercore ISI

May 1, 2024 4:59 AM EDT

Evercore ISI analyst David Palmer lowered the price target on Starbucks (NASDAQ: SBUX) to $92.00 (from $120.00) while maintaining a Outperform rating.

The analyst comments "Significantly reducing our SSS and EPS estimates... Following F2Q earnings, we are cutting our FY24e EPS from $4.02 to $3.59... More