Deutsche Bank Maintains Buy on Starbucks, Raises Price Target to $101
Deutsche Bank analyst Brian Mullan maintains Starbucks (NASDAQ:SBUX) with a Buy and raises the price target from $93 to $101.
Starbucks Whale Trades Spotted
Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Why Starbucks Stock Is Heating Up Today
Starbucks Corp (NASDAQ: SBUX) shares are trading higher Wednesday after multiple analysts raised price targets on the stock following the company's investor day presentation.
Wells Fargo Slashes Price Target On This Stock By Over 71%, Also Check Out Other Major PT Changes Here
Wells Fargo cut the price target on Cabaletta Bio, Inc. (NASDAQ: CABA) from $14 to $4. Wells Fargo analyst Derek Archila maintained the stock with an Overweight rating. Cabaletta Bio shares gained 0.9% to trade at $0.92 on Wednesday.
JP Morgan Maintains Overweight on Starbucks, Raises Price Target to $100
JP Morgan analyst John Ivankoe maintains Starbucks (NASDAQ:SBUX) with a Overweight and raises the price target from $92 to $100.
Baird Maintains Neutral on Starbucks, Raises Price Target to $94
Baird analyst David Tarantino maintains Starbucks (NASDAQ:SBUX) with a Neutral and raises the price target from $86 to $94.
Starbucks To $100? Here Are 5 Other Price Target Changes For Wednesday
Barclays raised the price target on Starbucks Corporation (NASDAQ: SBUX) from $96 to $100. Barclays analyst Jeffrey Bernstein maintained the stock with an Overweight rating. Starbucks shares rose 1.6% to $89.21 in pre-market trading.
Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan
Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.
Going To A Starbucks Is Hard. Luckily, DoorDash Is Going Nationwide With Coffee Delivery
During its investor day on Tuesday, Starbucks Corp (NASDAQ: SBUX) provided a roadmap for where the company is going. Interestingly enough, one new initiative aims to meet you at home when you aren't going anywhere.
This Food Truck Hacked Chick-fil-A. The Secret Sauce Behind Bringing Forbidden Sandwiches To The Masses On Sunday
Chick-fil-A has served up its chicken sandwiches since 1967, an item the fast-food chain has become famous for. Another factor the restaurant is known for is being closed on Sundays. Fans of chicken sandwiches that are disappointed with Chick-fil-A's Sunday closures could soon have another option.