Barclays raised the firm’s price target on Starbucks (SBUX) to $115 from $106 and keeps an Overweight rating on the shares. The company’s fiscal Q3 U.S. and China comps were slightly above expectations while margins and earnings disappointed,, the analyst tells investors in a research note. The firm believes Starbucks’ turnaround will take time.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
- Starbucks’ Strategic Investments and Performance Challenges Lead to Hold Rating
- Starbucks Reports Q3 2025 Financial Results
- “Green Apron Service” Proves Little Help for Starbucks Stock (NASDAQ:SBUX)
- Closing Bell Movers: Qorvo, Starbucks jump after quarterly reports
- Starbucks says will sunset mobile order, pickup only concept in FY26