Breaking News Instant updates and real-time market news.

SBUX

Starbucks

$82.36

0.44 (0.54%)

, LK

Luckin Coffee

$17.53

-0.88 (-4.78%)

07:55
06/12/19
06/12
07:55
06/12/19
07:55

Citi survey shows little impact to Starbucks in China from trade war

Citi analyst Gregory Badishkanian says his survey of over 300 Chinese coffee market consumers indicated the consumers are "generally indifferent" about purchasing American goods versus 12 months ago. This suggests relatively little impact to Starbucks (SBUX) from the recent geopolitical disputes, Badishkanian tells investors in a research note. Further, the survey shows Starbucks is leading on taste while competitors are leading on price, adds the analyst.

SBUX

Starbucks

$82.36

0.44 (0.54%)

LK

Luckin Coffee

$17.53

-0.88 (-4.78%)

  • 25

    Jun

  • 09

    Jul

SBUX Starbucks
$82.36

0.44 (0.54%)

05/09/19
JEFF
05/09/19
NO CHANGE
Target $89
JEFF
Buy
Jefferies says Starbucks 'can handle competitors' in China after Luckin analysis
Jefferies analyst Andy Barish remains confident on Starbucks China after analyzing Luckin overlap data. Starbucks' China business improved quarter-over-quarter in fiscal Q2, implying limited impact from competition, although investors remain concerned about Luckin Coffee, Barish tells investors in a research note. Using Thinknum/Carto data, the analyst found Luckin overlap of greater than 80% of Starbucks locations in tier one and two cities, with almost no overlap in tiers three and below. However, QuestMobile app data points to limited consumer overlap, adds the analyst. The consumer experience differs and the market is at an early stage, so Starbucks "can handle competitors," says Barish. He keeps a Buy rating on the shares with an $89 price target.
06/07/19
CLVD
06/07/19
NO CHANGE
CLVD
Neutral
Starbucks' U.S. comp growth accelerated to start Q3, says Cleveland Research
Cleveland Research analyst Steven Gojak said in a note to investors earlier that his checks indicate that U.S. comparable sales have accelerated at Starbucks to start Q3, which is being offset by some moderation in Canada. The analyst, who sees Americas comps trending above consensus in the quarter-to-date, keeps a Neutral rating on Starbucks shares, which are up $1.55, or 1.9%, to $82.94 in early trading.
06/10/19
PIPR
06/10/19
NO CHANGE
Target $82
PIPR
Neutral
Starbucks price target raised to $82 from $77 at Piper Jaffray
Piper Jaffray analyst Nicole Miller Regan raised her price target for Starbucks to $82 from $77 saying her key takeaway from the company's keynote last week at her firm's conference is "improving performance momentum exists." However, the current valuation "now overshadows the current compelling aspects of the business," Regan tells investors in a research note. As such, she reiterates a Neutral rating on Starbucks shares.
06/11/19
EVER
06/11/19
INITIATION
Target $82
EVER
In Line
Starbucks initiated with an In Line at Evercore ISI
Evercore ISI analyst David Palmer started Starbucks with an In Line rating and $82 price target.
LK Luckin Coffee
$17.53

-0.88 (-4.78%)

06/11/19
NEED
06/11/19
INITIATION
Target $27
NEED
Buy
Luckin Coffee initiated with a Buy at Needham
Needham analyst Vincent Yu initiated Luckin Coffee with a Buy rating and a price target of $27, saying he is positive on this "disruptive" coffee brand with "strong national exposure" targeting an "underserved mass market". The analyst further cites Luckin Coffee's "technology-driven" model and "high-quality" coffee products, along with the affordability and consumer convenience amid the rapid growth of China's coffee market and transition in consumption from instant coffee to freshly brewed.
06/11/19
MSCO
06/11/19
INITIATION
Target $21
MSCO
Equal Weight
Luckin Coffee initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Lillian Lou initiated Luckin Coffee with an Equal Weight rating and $21 price target. While she thinks Luckin's disruptive business model and competitive prices should allow it to grow sales by 30x in 2018-21, Lou thinks the stock's valuation looks fair at current levels. She also sees "a relatively high level of execution risk" and limited earnings visibility in the near-term.
06/11/19
FBCO
06/11/19
INITIATION
Target $24
FBCO
Outperform
Luckin Coffee initiated with an Outperform at Credit Suisse
Credit Suisse initiated Luckin Coffee with an Outperform rating and $24 price target.

TODAY'S FREE FLY STORIES

SNDR

Schneider National

$17.60

-0.51 (-2.82%)

04:48
06/18/19
06/18
04:48
06/18/19
04:48
Downgrade
Schneider National rating change  »

Schneider National…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

JBHT

J.B. Hunt

$90.07

-0.79 (-0.87%)

04:48
06/18/19
06/18
04:48
06/18/19
04:48
Downgrade
J.B. Hunt rating change  »

J.B. Hunt downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

VLRS

Volaris

$9.56

-0.24 (-2.45%)

04:47
06/18/19
06/18
04:47
06/18/19
04:47
Upgrade
Volaris rating change  »

Volaris upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CPA

Copa Holdings

$95.98

-0.33 (-0.34%)

04:46
06/18/19
06/18
04:46
06/18/19
04:46
Downgrade
Copa Holdings rating change  »

Copa Holdings downgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AZUL

Azul

$34.21

0.7 (2.09%)

04:46
06/18/19
06/18
04:46
06/18/19
04:46
Downgrade
Azul rating change  »

Azul downgraded to Sell…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EXPGY

Experian

$0.00

(0.00%)

04:42
06/18/19
06/18
04:42
06/18/19
04:42
Downgrade
Experian rating change  »

Experian downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

04:00
06/18/19
06/18
04:00
06/18/19
04:00
General news
EGB yields decline with Treasury rates »

EGB yields decline with…

03:15
06/18/19
06/18
03:15
06/18/19
03:15
General news
FX Action: USD-CAD has settled near 1.3400 »

FX Action: USD-CAD has…

02:45
06/18/19
06/18
02:45
06/18/19
02:45
General news
FX Update: Sterling has hit fresh lows, and the yen has remained bid »

FX Update: Sterling has…

02:00
06/18/19
06/18
02:00
06/18/19
02:00
General news
Asian Market Wrap »

Asian Market Wrap:…

GE

General Electric

$10.04

-0.2 (-1.95%)

21:05
06/17/19
06/17
21:05
06/17/19
21:05
Periodicals
General Electric to cut another 450 jobs in Switzerland, Reuters says »

General Electric will lay…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AJG

Arthur J. Gallagher

$86.25

-1.52 (-1.73%)

20:00
06/17/19
06/17
20:00
06/17/19
20:00
Hot Stocks
Arthur J. Gallagher acquires P2 Group, terms not stated »

Arthur J. Gallagher &…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Jun

  • 20

    Jun

AGLNF

AGL Energy

$0.00

(0.00%)

19:28
06/17/19
06/17
19:28
06/17/19
19:28
Upgrade
AGL Energy rating change at Macquarie »

AGL Energy upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPWR

SunPower

$8.27

0.03 (0.36%)

, RUN

Sunrun

$17.09

0.64 (3.89%)

19:02
06/17/19
06/17
19:02
06/17/19
19:02
Upgrade
SunPower, Sunrun, SolarEdge rating change at Goldman Sachs »

SunPower, Sunrun upgraded…

SPWR

SunPower

$8.27

0.03 (0.36%)

RUN

Sunrun

$17.09

0.64 (3.89%)

SEDG

SolarEdge

$56.58

0.09 (0.16%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MGI

MoneyGram

$1.44

-0.06 (-4.00%)

, PHAS

PhaseBio

$12.25

0.74 (6.43%)

18:48
06/17/19
06/17
18:48
06/17/19
18:48
Hot Stocks
Fly Intel: After Hours Movers »

HIGHER: MoneyGram (MGI)…

MGI

MoneyGram

$1.44

-0.06 (-4.00%)

PHAS

PhaseBio

$12.25

0.74 (6.43%)

SPWR

SunPower

$8.27

0.03 (0.36%)

RUN

Sunrun

$17.09

0.64 (3.89%)

STLD

Steel Dynamics

$26.23

-0.19 (-0.72%)

BHVN

Biohaven Pharmaceutical

$57.33

-5.63 (-8.94%)

RMTI

Rockwell Medical

$4.39

0.2 (4.77%)

CALA

Calithera Biosciences

$5.87

0.64 (12.24%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jun

  • 27

    Jun

  • 27

    Jun

  • 18

    Jun

  • 19

    Jun

AAPL

Apple

$193.90

1.06 (0.55%)

18:44
06/17/19
06/17
18:44
06/17/19
18:44
Periodicals
Apple's tvOS 13 beta 2 includes Picture-in-Picture support, 9to5Mac reports »

Apple's tvOS 13 beta…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SEDG

SolarEdge

$56.58

0.09 (0.16%)

18:33
06/17/19
06/17
18:33
06/17/19
18:33
Upgrade
SolarEdge rating change at Goldman Sachs »

SolarEdge upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RUN

Sunrun

$17.09

0.64 (3.89%)

18:33
06/17/19
06/17
18:33
06/17/19
18:33
Upgrade
Sunrun rating change at Goldman Sachs »

Sunrun upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPWR

SunPower

$8.27

0.03 (0.36%)

18:33
06/17/19
06/17
18:33
06/17/19
18:33
Upgrade
SunPower rating change at Goldman Sachs »

SunPower upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BLSFY

Bluescope Steel

$0.00

(0.00%)

18:32
06/17/19
06/17
18:32
06/17/19
18:32
Hot Stocks
Bluescope Steel cuts FY19 EBIT growth view to up 6% from up 10% »

BlueScope announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IFF

International Flavors

$147.54

-1.25 (-0.84%)

18:24
06/17/19
06/17
18:24
06/17/19
18:24
Hot Stocks
International Flavors CEO: We have planned for Brexit and China is benign for us »

In an interview on…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VZ

Verizon

$57.63

-0.65 (-1.12%)

18:24
06/17/19
06/17
18:24
06/17/19
18:24
Periodicals
Senator aims to bar Huawei from seeking damages in patent courts, Reuters says »

U.S. Senator Marco Rubio…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jun

  • 20

    Jun

  • 26

    Jun

  • 27

    Jun

  • 09

    Jul

  • 01

    Aug

BHVN

Biohaven Pharmaceutical

$57.33

-5.63 (-8.94%)

18:12
06/17/19
06/17
18:12
06/17/19
18:12
Hot Stocks
Breaking Hot Stocks news story on Biohaven Pharmaceutical »

Biohaven Pharmaceutical…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DISH

Dish

$39.00

1.46 (3.89%)

18:04
06/17/19
06/17
18:04
06/17/19
18:04
Hot Stocks
Dish launches OnTech Smart Services »

Dish announced the launch…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

T

AT&T

$32.30

-0.06 (-0.19%)

18:03
06/17/19
06/17
18:03
06/17/19
18:03
Hot Stocks
AT&T wins 24 GHz spectrum following FCC Auction 102 »

AT&T is the winning…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.