Starbucks slumps on fiscal Q2 results miss amid weakness in North America, China
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Starbucks (SBUX) PT Lowered to $85 at UBS
May 1, 2024 5:46 AM EDTUBS 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 EDTBTIG 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 EDTEvercore 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
