Starbucks Reports Q4 and Full Fiscal Year 2024 Results

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CFRA Downgrades Starbucks (SBUX) to Hold

October 31, 2024 10:37 AM EDT

CFRA analyst Arun Sundaram downgraded Starbucks (NASDAQ: SBUX) from Buy to Hold with a price target of $103.00 (from $104.00).

The analyst comments "We trim our 12-month target by $1 to $103, 29x our FY 26 (Sep.) EPS of $3.54 (cut from $4.11; FY 25 cut to $3.20 from $3.71) and... More

Starbucks (SBUX) PT Raised to $99 at Citi

October 31, 2024 5:39 AM EDT

Citi analyst Jon Tower raised the price target on Starbucks (NASDAQ: SBUX) to $99.00 (from $96.00) while maintaining a Neutral rating.

The analyst comments "We believe SBUXs strategy is starting to take form and largely foots with our views heading into the... More

Starbucks (SBUX) PT Lowered to $108 at Barclays

October 31, 2024 5:32 AM EDT

Barclays analyst Jeffrey Bernstein lowered the price target on Starbucks (NASDAQ: SBUX) to $108.00 (from $110.00) while maintaining a Overweight rating.

The analyst comments "Based on the large number of short & long term initiatives highlighted on the call, it's hard to believe... More