RBC Capital Mkts resumed coverage on Starbucks with a new price target
$SBUX
Restaurants
Consumer Discretionary
RBC Capital Mkts resumed coverage of Starbucks with a rating of Outperform and set a new price target of $115.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/15/2024 | $115.00 | Outperform | RBC Capital Mkts |
| 11/13/2024 | $84.00 → $77.00 | Neutral → Sell | Redburn Atlantic |
| 10/17/2024 | $100.00 → $115.00 | Buy | BTIG Research |
| 10/17/2024 | $98.00 → $115.00 | Overweight | Morgan Stanley |
| 9/26/2024 | $92.00 → $115.00 | Mkt Perform → Outperform | Bernstein |
| 9/24/2024 | $80.00 → $76.00 | Hold → Underperform | Jefferies |
| 9/18/2024 | $112.00 → $118.00 | Buy | BofA Securities |
| 8/21/2024 | $85.00 | Hold → Sell | DZ Bank |
4 - STARBUCKS CORP (0000829224) (Issuer)
4 - STARBUCKS CORP (0000829224) (Issuer)
4 - STARBUCKS CORP (0000829224) (Issuer)
WEST PALM BEACH, Fla., Aug. 13, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today released the following statement from Elliott Managing Partner Jesse Cohn and Partner Marc Steinberg regarding Starbucks Corporation (NYSE:SBUX) (the "Company" or "Starbucks") and its engagement with the Company: Elliott has become one of the largest investors in Starbucks because of our confidence in the long-term value-creation opportunity we see at one of the world's most important brands. Elliott has been engaged with Starbucks' Board over the past two months regardin
Brian Niccol will join Starbucks on September 9, 2024. Mellody Hobson will be lead independent director. Laxman Narasimhan is stepping down as ceo and as a director effective immediately. Rachel Ruggeri will serve as interim ceo. Starbucks (NASDAQ:SBUX) today announced that Brian Niccol has been appointed chairman and chief executive officer. Niccol will start in his new role on September 9, 2024. Starbucks chief financial officer, Rachel Ruggeri, will serve as interim ceo until that time. Mellody Hobson, Starbucks board chair, will become lead independent director. Niccol currently serves as Chairman and CEO of Chipotle. Since becoming CEO in 2018, Niccol has transformed Chipotle. His
Starbucks Corporation (NASDAQ:SBUX) today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Starbucks shareholders vote on the WHITE proxy card ONLY "FOR" the Starbucks 11 director nominees in connection with the Company's Annual Meeting of Shareholders, which will take place virtually on March 13, 2024, at 10 a.m. PT. Starbucks partners (employees) have always been the heart of its business and core to its success. The company is committed to building a bridge to a better future for all partners. This critical priority is led by the executive leadership team and overseen by the Board of Directors' Environmental, Partner and Communi
SC 13G/A - STARBUCKS CORP (0000829224) (Subject)
SC 13G/A - STARBUCKS CORP (0000829224) (Subject)
SC 13G/A - STARBUCKS CORP (0000829224) (Subject)
Starbucks Corporation (NASDAQ:SBUX) plans to release its first quarter fiscal year 2025 financial results after market close on Tuesday, January 28, 2025, with a conference call to follow at 2:00 p.m. Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company's website at https://investor.starbucks.com/. A replay of the webcast will be available on the company's website until the end of day, Friday, March 14, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster an
Starbucks Corporation (NASDAQ:SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock. The dividend will be payable in cash on February 28, 2025, to shareholders of record on February 14, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through ever
Timed with Starbucks holiday launch on November 7, customers in U.S. and Canada company-owned and operated stores will no longer pay extra for customizing their beverage with non-dairy milk – including soymilk, oatmilk, almondmilk and coconutmilk Starbucks (NASDAQ:SBUX) today announced that, starting with the launch of its holiday menu on November 7, the company will no longer charge extra for customizing beverages with a non-dairy milk, making it easier for customers to make their Starbucks beverage their own. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030786864/en/Starbucks Announces Removal of Extra Charge for Non-Dair
Starbucks Corporation (NASDAQ:SBUX) plans to release its first quarter fiscal year 2025 financial results after market close on Tuesday, January 28, 2025, with a conference call to follow at 2:00 p.m. Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company's website at https://investor.starbucks.com/. A replay of the webcast will be available on the company's website until the end of day, Friday, March 14, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster an
Starbucks Corporation (NASDAQ:SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock. The dividend will be payable in cash on February 28, 2025, to shareholders of record on February 14, 2025. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through ever
Results Reflect Challenged Customer Experience; Management is Developing a Plan to Get Back to Starbucks Q4 Consolidated Net Revenues Down 3% to $9.1 Billion; Frequency Declined Across Customer Segments Q4 GAAP and Non-GAAP EPS of $0.80; Traffic Focused Investments Further Pressured Results Q4 Active U.S. Starbucks® Rewards Membership Totals 33.8 Million, Up 4% Over Prior Year Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 29, 2024. GAAP results in fiscal 2024 and fiscal 2023 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAA
RBC Capital Mkts resumed coverage of Starbucks with a rating of Outperform and set a new price target of $115.00
Redburn Atlantic downgraded Starbucks from Neutral to Sell and set a new price target of $77.00 from $84.00 previously
BTIG Research reiterated coverage of Starbucks with a rating of Buy and set a new price target of $115.00 from $100.00 previously
4 - STARBUCKS CORP (0000829224) (Issuer)
8-K - STARBUCKS CORP (0000829224) (Filer)
8-K - STARBUCKS CORP (0000829224) (Filer)
8-K - STARBUCKS CORP (0000829224) (Filer)