Starbucks

Barclays: Raised Starbucks (NASDAQ:SBUX) price target to $123 Maintain an “overweight” rating

Barclays analyst Jeffrey Bernstein raised its Starbucks (NASDAQ:SBUX) price target to $123 from $121 and maintained an “overweight” rating. Starbucks had strong U.S. same-store sales growth in the fiscal first quarter, in line with consensus expectations, but lower-than-expected same-store sales in China had some impact on margins and profits, the analyst said. Still, Starbucks reiterated its fiscal 2023 guidance, showing the company’s confidence in growth momentum in the rest of the world and an upturn in the Chinese market.

Barclays: Raised Starbucks (NASDAQ:SBUX) price target to $123 Maintain an “overweight” rating Read Post »

Starbucks (NASDAQ:SBUX) revenue of $8.713 billion in Q1 2023, YoY+8.2%

Starbucks (NASDAQ:SBUX) Stock price trend forecast and trading range: Updated to: 2023.2.3 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $100 – $110 Support: $100 resistance: $110 Stop Loss Price: $100 price target: $110 Buy the position again: stop fall and rise to $100 Medium-term trend: bullish High sell low buy range: $100 – $110 Support: $81 resistance: $110 Stop Loss price: $81 price target: $110 Buy the position again: stop fall and rise to $83 Long-term trend: bullish High sell low buy of range: none Support : $100 resistance: $110 Stop Loss price: $100 price target : $110 Buy the position again: stop fall and rise to $100 From Analysis from financial statements: Revenue for the first quarter of 2023 was $8.713

Starbucks (NASDAQ:SBUX) revenue of $8.713 billion in Q1 2023, YoY+8.2% Read Post »

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