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SBUX

Starbucks

$57.17

1.03 (1.83%)

09:02
02/27/18
02/27
09:02
02/27/18
09:02

Starbucks reiterates plans to open up to 1,000 Reserve store locations worldwide

Starbucks Coffee earlier announced the opening of its first Reserve store, a new store format from the company's Siren Retail business dedicated to its premium Reserve brand. The Reserve store format was first introduced at Starbucks Investor Day conference in December 2016, as part of the overall premium store segmentation which would be developed globally, over time. It includes up to 20-30 Roasteries, 1,000 Reserve stores and 20% of the Starbucks store portfolio becoming Starbucks Reserve bar locations. The company has also announced that it will be bringing stand-alone Princi stores to Seattle, Chicago and New York and plans to open Roasteries in Milan and New York later this year in addition to Tokyo and Chicago in 2019. "Today marks another significant milestone as we have taken everything we have learned from our highly successful Roasteries, the relevancy of the third place and the overwhelming reception of freshly baked Princi food to an environment that will re-define customer connection and continue to serve as a halo to the rest of the business," said Howard Schultz, Starbucks executive chairman.

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    Mar

SBUX Starbucks
$57.17

1.03 (1.83%)

02/01/18
MZHO
02/01/18
DOWNGRADE
MZHO
Neutral
Starbucks downgraded to Neutral from Buy at Mizuho
02/01/18
MZHO
02/01/18
DOWNGRADE
Target $60
MZHO
Neutral
Mizuho downgrades Starbucks amid slowdown in U.S. comp sales
Mizuho analyst Jeremy Scott downgraded Starbucks to Neutral from Buy and lowered his price target for the shares to $60 from $68. The stock closed yesterday down 38c to $56.80. As long as the company's U.S. comps continue to decelerate in the near-term, investors will be less willing to justify a premium valuation or shift focus to the China growth story, Scott tells investors in a research note. The analyst says he "misdiagnosed" the U.S. comp slowdown at Starbucks as a throughput issue due to the adoption of Mobile Order & Pay, rather than an issue with reaching the "casual" customer. The latter could be more challenging and costly to rectify in the short-term, Scott predicts. He continues to view Starbucks as one of the best long-term stories in the consumer sector, however.
02/01/18
02/01/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. PayPal (PYPL) downgraded to Neutral from Buy at BTIG with analyst Mark Palmer saying last night's fourth quarter results were not strong enough to justify the stock's "lofty" valuation. 2. Starbucks (SBUX) downgraded to Neutral from Buy at Mizuho with analyst Jeremy Scott saying as long as the company's U.S. comps continue to decelerate in the near-term, investors will be less willing to justify a premium valuation or shift focus to the China growth story. 3. Nvidia (NVDA) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst saying shares have had a strong run and believes long-term secular growth drivers in Datacenter are better understood and concurrency demand may lead to increased volatility. 4. Chipotle (CMG) downgraded to Sell from Neutral at UBS with analyst Dennis Geiger saying brand perceptions "remain depressed" while competition is unlikely to ease in 2018. 5. Check Point (CHKP) downgraded to Market Perform from Outperform at Wells Fargo with analyst Philip Winslow saying he is more cautious on Check Point's near-term product revenue growth following "recent execution shortfalls and increasing uncertainty regarding the competitive environment in network security." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/05/18
PIPR
02/05/18
NO CHANGE
Target $70
PIPR
Overweight
Starbucks valuation remains attractive, says Piper Jaffray
Piper Jaffray analyst Nicole Miller Regan reiterates an Overweight rating on Starbucks with a $70 price target saying the valuation remains attractive. After visiting the London Starbucks Reserve store, the analyst views the concept as a catalyst. Further, she's "becoming more and more certain" that the company's digital investments continue to lure core morning consumers in the U.S. Regan believes, however, that a balanced experience must remain in place to attract afternoon and occasional guests. As such, guest satisfaction scores remain the most relevant metric in terms of current U.S. comp discussions, the analyst tells investors in a research note.

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AMZN

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$1,813.84

0.99 (0.05%)

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$1,813.84

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TM

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FCAU

Fiat Chrysler

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-0.195 (-1.00%)

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FCAU

Fiat Chrysler

$19.33

-0.195 (-1.00%)

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BABA

Alibaba

$187.21

-0.14 (-0.07%)

, TCEHY

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$0.00

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BABA

Alibaba

$187.21

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TCEHY

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$0.00

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  • 10

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AMZN

Amazon.com

$1,813.84

0.99 (0.05%)

, NFLX

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$361.33

-2.81 (-0.77%)

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$1,813.84

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NFLX

Netflix

$361.33

-2.81 (-0.77%)

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AB

AllianceBernstein

$29.90

-0.05 (-0.17%)

, BLK

BlackRock

$503.01

-1.42 (-0.28%)

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BlackRock, T. Rowe Price look like bargains, Barron's says »

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AB

AllianceBernstein

$29.90

-0.05 (-0.17%)

BLK

BlackRock

$503.01

-1.42 (-0.28%)

BEN

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$31.99

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IVZ

Invesco

$25.46

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LM

Legg Mason

$33.37

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TROW

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$119.87

-0.85 (-0.70%)

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ALV

Autoliv

$104.08

-0.57 (-0.54%)

, VNE

Veoneer

$50.81

-1.81 (-3.44%)

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ALV

Autoliv

$104.08

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VNE

Veoneer

$50.81

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DLPH

Delphi Technologies

$44.78

-0.355 (-0.79%)

APTV

Aptiv

$92.95

-2.02 (-2.13%)

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DDAIF

Daimler AG

$0.00

(0.00%)

, FCAU

Fiat Chrysler

$19.33

-0.195 (-1.00%)

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DDAIF

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$0.00

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FCAU

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$19.33

-0.195 (-1.00%)

F

Ford

$10.56

-0.115 (-1.08%)

GM

General Motors

$39.39

0.08 (0.20%)

HMC

Honda

$29.18

-0.19 (-0.65%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$131.87

0.11 (0.08%)

VLKAY

Volkswagen

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GOOG

Alphabet

$1,184.77

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GOOGL

Alphabet Class A

$1,198.05

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PFE

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NVS

Novartis

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RHHBY

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SNY

Sanofi

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BA

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MRK

Merck

$62.51

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ACN

Accenture

$166.47

-0.47 (-0.28%)

, EADSY

Airbus

$0.00

(0.00%)

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ACN

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$166.47

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EADSY

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ATI

Allegheny Technologies

$26.65

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BAESY

BAE Systems

$0.00

(0.00%)

BDRBF

Bombardier

$0.00

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CAE

CAE

$20.96

0.17 (0.82%)

CW

Curtiss-Wright

$125.79

-0.12 (-0.10%)

DASTY

Dassault Systemes

$0.00

(0.00%)

ESLT

Elbit Systems

$118.98

0.64 (0.54%)

LMT

Lockheed Martin

$322.76

3.09 (0.97%)

BA

Boeing

$354.92

-0.57 (-0.16%)

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FNWB

First Northwest Bancorp

$16.11

0.36 (2.29%)

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FCX

Freeport McMoRan

$15.75

-0.05 (-0.32%)

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XLE

Energy Select Sector SPDR

$74.87

-0.24 (-0.32%)

, XLU

Utilities SPDR

$52.28

-0.39 (-0.74%)

17:39
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General news
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S&P500 SECTORS:…

XLE

Energy Select Sector SPDR

$74.87

-0.24 (-0.32%)

XLU

Utilities SPDR

$52.28

-0.39 (-0.74%)

IYR

DJ US Real Estate Index Fund

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XLP

Consumer Staples Sector SPDR

$52.84

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XLY

Consumer Discretionary Sector SPDR

$112.15

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XLB

S&P Select Materials SPDR

$58.31

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XLF

Financial Select Sector

$27.57

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XLV

Health Care Select Sector SPDR

$86.74

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XLK

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XLI

Industrial Select Sector SPDR

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GLD

SPDR Gold Trust

$116.56

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SLV

iShares Silver Trust

$14.59

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USO

United States Oil Fund

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UNG

United States Natural Gas Fund

$22.38

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HYG

iShares iBoxx $ High Yield Corporate Bond

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LQD

iShares iBoxx $ Investment Grade Corporate Bond

$115.27

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TLT

iShares 20+ Year Treasury Bond Fund

$120.78

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IEF

iShares 7-10 Year Treasury Bond ETF

$102.21

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SHY

iShares 1-3 Year Treasury Bond

$83.26

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IWD

iShares Russell 1000 Value

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IWF

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XRX

Xerox

$25.10

-0.095 (-0.38%)

, FUJIY

Fujifilm

$0.00

(0.00%)

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XRX

Xerox

$25.10

-0.095 (-0.38%)

FUJIY

Fujifilm

$0.00

(0.00%)

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  • 26

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STON

StoneMor Partners

$3.61

-0.015 (-0.41%)

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TEF

Telefonica

$8.70

0.07 (0.81%)

17:11
07/20/18
07/20
17:11
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17:11
Downgrade
Telefonica rating change at Goldman Sachs »

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SPY

SPDR S&P 500 ETF Trust

$279.71

-0.24 (-0.09%)

, USO

United States Oil Fund

$14.15

0.025 (0.18%)

17:04
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General news
Weekly CFTC Commitment of Traders highlights »

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SPY

SPDR S&P 500 ETF Trust

$279.71

-0.24 (-0.09%)

USO

United States Oil Fund

$14.15

0.025 (0.18%)

GLD

SPDR Gold Trust

$116.56

0.74 (0.64%)

FXE

Euro Currency Trust

$112.46

0.83 (0.74%)

FXC

CurrencyShares Canadian Dollar Trust

$75.17

0.81 (1.09%)

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CZWI

Citizens Community Bancorp

$14.15

(0.00%)

17:02
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07/20
17:02
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17:02
Syndicate
Breaking Syndicate news story on Citizens Community Bancorp »

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PKD

Parker Drilling

$0.30

-0.0044 (-1.46%)

17:01
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Hot Stocks
Breaking Hot Stocks news story on Parker Drilling »

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  • 02

    Aug

RSLS

ReShape Lifesciences

$1.47

-0.02 (-1.34%)

17:00
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07/20
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Hot Stocks
Breaking Hot Stocks news story on ReShape Lifesciences  »

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BOX

Box

$26.13

-0.26 (-0.99%)

16:57
07/20/18
07/20
16:57
07/20/18
16:57
Initiation
Box initiated at First Analysis »

Box initiated with an…

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ALDX

Aldeyra

$7.95

-0.15 (-1.85%)

16:53
07/20/18
07/20
16:53
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16:53
Syndicate
Breaking Syndicate news story on Aldeyra »

Aldeyra files $250M mixed…

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GLRE

Greenlight Capital Re

$14.00

-0.15 (-1.06%)

16:46
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Greenlight Capital Re announces departure of COO »

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RVI

Retail Value

$34.56

0.2 (0.58%)

16:38
07/20/18
07/20
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16:38
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Breaking Hot Stocks news story on Retail Value »

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