Market Overview

Analyst Buzz Heats Up Starbucks Shares

Share:
Related SBUX
Best & Worst ETFs Of The Week Amid Tech Fueled Breakout
Starbucks Brews Up New All-Time Highs
Starbucks up and running after point-of-sale crash (Seeking Alpha)

UBS analyst raised the rating of Starbucks (NASDAQ: SBUX) from Neutral to Buy and raised the price target from $80.00 to $87.00.

UBS noted that the stock offers a “compelling” entry with “limited downside risk.” The firm emphasized that Starbucks is a top long-term global growth opportunity among consumer multinationals. The company has “good sales, earnings visibility and optionality around out-year initiatives.”

Shares of Starbucks closed at $75.56 on Wednesday. The stock is currently trading at $77.25, up 2.237 percent.

Latest Ratings for SBUX

DateFirmActionFromTo
Apr 2015BarclaysMaintainsEqual-weight
Apr 2015BarclaysMaintainsEqual-weight
Apr 2015Guggenheim SecuritiesInitiates Coverage onBuy

View More Analyst Ratings for SBUX
View the Latest Analyst Ratings

Posted-In: UBSAnalyst Color Upgrades Price Target Analyst Ratings

 

Related Articles (SBUX)

Around the Web, We're Loving...