Fri, January 17, 2025
Thu, January 16, 2025
[ Thu, Jan 16th ]: Forbes
Gold Price Today
Wed, January 15, 2025
Tue, January 14, 2025
Mon, January 13, 2025
Sun, January 12, 2025
Sat, January 11, 2025
Fri, January 10, 2025
Thu, January 9, 2025
Wed, January 8, 2025
Tue, January 7, 2025
[ Tue, Jan 07th ]: MSN
Investors Look Back at 2024
Mon, January 6, 2025

Is It Worth Investing in Starbucks (SBUX) Based on Wall Street's Bullish Views?


  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. s-sbux-based-on-wall-street-s-bullish-views.html
  Print publication without navigation Published in Stocks and Investing on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source

  When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price,

The article from MSN Money discusses whether it is worth investing in Starbucks (SBUX) based on Wall Street's bullish outlook. It highlights that Starbucks has received a strong Buy consensus from analysts, with 12 out of 20 analysts rating it as a Buy, and the remaining 8 as a Hold. The average price target set by these analysts suggests a potential 12.5% increase from its current price, indicating optimism about Starbucks' future performance. The article points out Starbucks' robust financial health, including a 12% revenue growth in the last quarter, driven by higher demand in China and new store openings. Additionally, Starbucks has shown resilience in maintaining its market position through innovation, digital advancements, and loyalty programs. However, potential investors are cautioned about risks such as economic downturns, increased competition, and operational challenges in international markets. Despite these concerns, the overall sentiment leans towards a positive investment outlook for Starbucks due to its strategic initiatives and market performance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/is-it-worth-investing-in-starbucks-sbux-based-on-wall-street-s-bullish-views/ar-BB1rnkLs ]

Publication Contributing Sources