Starbucks: Indicators Turns Bearish, New Lows in Sight
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 ...