Information Provided By:
Fly News Breaks for April 28, 2017
SBUX
Apr 28, 2017 | 06:18 EDT
JPMorgan analyst John Ivankoe says Starbucks' "challenging" quarter shows the difficulties in the company achieving its long-term targets. Starbucks is maturing to a "lower, but still exceptional for a company of this size," growth rate, Ivankoe tells investors in a post-earnings research note. The analyst thinks a better entry point continues to be below $55 per share. He keeps an Overweight rating on Starbucks with a $58 price target.
News For SBUX From the Last 2 Days
There are no results for your query SBUX