Starbucks: Indicators Turns Bearish, New Lows in Sight
StarbucksStarbucks(US:SBUX) MarketBeat·2024-05-02 11:40

Key PointsStarbucks struggled in Q1 and underperformed consensus, lowering guidance for the year.Analysts are lowering their price targets, but this market still has a double-digit upside potential. Starbucks trades below the analysts' lowest target, suggesting a deep value opportunity for investors.  5 stocks we like better than StarbucksStarbucks NASDAQ: SBUX is one of many consumer-forward businesses that indicate weakness in the consumer. McDonald’s NYSE: MCD and Kraft Heinz NASDAQ: KHC revealed tepid r ...

Starbucks: Indicators Turns Bearish, New Lows in Sight - Reportify