Information Provided By:
Fly News Breaks for December 2, 2016
SBUX
Dec 2, 2016 | 07:22 EDT
After Starbucks announced a surprising CEO transition, Oppenheimer analyst Brian Bittner says that while disappointing to see a visionary and founder step back from day-to-day operations, the company is left in the "capable hands" of Kevin Johnson. Moreover, the analyst does not believe Howard Schultz would step away from daily operations without feeling the same way. He reiterates an Outperform rating and $65 price target on the shares.
News For SBUX From the Last 2 Days
There are no results for your query SBUX