Jefferies upgrades Starbucks to Hold with a $76 price target, citing a more reasonable valuation and ongoing turnaround efforts. Analyst Andy Barish highlights cultural challenges and slower earnings recovery, with upcoming quarters expected to offer clearer direction.
Latest Ratings for SBUX
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Deutsche Bank | Maintains | Buy | |
| Feb 2022 | MKM Partners | Maintains | Buy | |
| Feb 2022 | Credit Suisse | Maintains | Outperform |
