SBUX Turnaround ‘Seeing Progress’ as Stock Hits 52-Week High

Andrew Charles and R.J. Hottovy review Starbucks (SBUX) earnings, with CEO Brian Niccol saying they are “moving quickly” to refresh the company. Andrew says it’s “good to see progress” with sales vs expenses. He has a $115 price target on shares. R.J. is also positive on the company, highlighting growth in breakfast, saying Niccol’s plan seems to be working.

Trading 360

29 Jan 2025

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