Starbucks earnings heat up on China expansion, digital and cold brews
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Stephens Reiterates Equal Weight Rating on Starbucks (SBUX) Following 4Q Report
October 31, 2019 6:47 AM EDTStephens analyst Will Slaubaugh reiterated an Equal Weight rating and $90.00 price target on Starbucks (NASDAQ: SBUX) following the company's 4Q. SBUX reported 4Q19 results with Americas SSS of +6% vs. consensus estimates of +4.5%. Adjusted EPS of $0.70 was in-line with the consensus estimate of $0.70.
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