Starbucks Analysts Mixed On New CEO Brian Niccol, Who Led CMG Stock 650% Higher In 6 Years: 'Starbucks Is No Chipotle'
SBUXStarbucks(SBUX) Benzinga·2024-08-13 23:18

Starbucks SBUX analysts are mixed Tuesday on what the addition of Brian Niccol, previously CEO and Chairman of Chipotle Mexican Grill CMG, could mean for the coffee chain. The Starbucks Analysts: Wedbush analyst Nick Setyan maintained a Neutral rating on Starbucks with an 80pricetarget.BairdanalystDavidTarantinoupgradedStarbucksfromNeutraltoOutperformandraisedthepricetargetfrom80 price target.Baird analyst David Tarantino upgraded Starbucks from Neutral to Outperform and raised the price target from 81 to $110.Wedbush On Starbucks: Niccol's move from Chipotle to Starbucks might not be as straightforward as his ...