We came across a bullish thesis on Starbucks Corporation (SBUX) on Rijnberk InvestInsights’s Substack by Daan Rijnberk. In this article we will summarize the bulls’ thesis on SBUX. Starbucks Corporation share was trading at $98.2 as of Sept 11th. Starbucks has faced a challenging year, with its shares down 21% YTD, significantly underperforming the S&P 500, and […]
The latest trading day saw Starbucks (SBUX) settling at $98.57, representing a -0.72% change from its previous close.
Brian Niccol needs to work on the coffee chain’s brand, improve operations, streamline the menu, and recruit talent, analysts say.