Starbucks Corporation (SBUX) has seen significant activity on both buy and sell sides. Companies such as
Little House Capital LLC, LaFleur & Godfrey LLC, Sumitomo Mitsui Trust Group Inc, Win Advisors Inc, and others have invested in the global coffee giant or initiated new positions. At the same time, others such as
Bessemer Group Inc, Mattern Capital Management LLC, Arlington Partners LLC, AMI Asset Management Corp, and more have trimmed or sold their positions. The company's Board of Directors has also been boosted with new appointments, including Dambisa Moyo and Marissa Mayer. However, in China, Starbucks competes with declining market share (down to 14%) but sees their price-cutting strategy as 'brilliant.' Despite speculation, Starbucks has repeatedly denied plans for a full sale of their China unit. Multiple financial institutions have also recently adjusted the price target for SBUX, with Deutsche Bank, Evercore ISI, and Barclays boosting theirs, while UBS anticipates a strategy shift in the company's Chinese operations. Finally, Jim Cramer still expresses confidence in the company, calling the people who are selling the company's stocks as 'stupid'.
Starbucks Corp SBUX News Analytics from Fri, 14 Mar 2025 07:00:00 GMT to Sat, 28 Jun 2025 12:52:32 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -4
