Form 144 STARBUCKS CORP Filed by: Ruggeri Rachel

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William Blair Reiterates Market Perform Rating on Starbucks (SBUX)

August 14, 2024 7:14 AM EDT

William Blair analyst Sharon Zackfia reiterated a Market Perform rating on Starbucks (NASDAQ: SBUX).

The analyst comments "Stock Thoughts and Risks. Absent the return of Howard Schultz, Niccol is probably as good of a pick as exists for Starbuckss new... More

Deutsche Bank Upgrades Starbucks (SBUX) to Buy

August 14, 2024 5:04 AM EDT

Deutsche Bank analyst Lauren Silberman upgraded Starbucks (NASDAQ: SBUX) from Hold to Buy with a price target of $118.00 (from $85.00).

The analyst comments "We are upgrading SBUX to Buy (from Hold) following the announcement that Brian Niccol will be appointed as CEO, increasing our conviction in the success of a turnaround and return to a... More

Evercore ISI Upgrades Starbucks (SBUX) to Outperform

August 14, 2024 5:03 AM EDT

Evercore ISI analyst David Palmer upgraded Starbucks (NASDAQ: SBUX) from In Line to Outperform with a price target of $120.00 (from $80.00).

The analyst comments "We are upgrading Starbucks to Outperform due to an increased probability of a US brand turnaround under Brian Niccol. With the hiring of Brian Niccol as... More