UBS analyst Dennis Geiger raised the firm’s price target on Starbucks (SBUX) to $100 from $95 and keeps a Neutral rating on the shares. Starbucks’ Q2 results included U.S. same-store sales and traffic trends that were still challenged, with margins and earnings lower than expectations, reflecting sales deleverage and incremental investments, the analyst tells investors in a research note. While the turnaround plan should support a sales recovery over time, UBS looks for better visibility into a positive inflection in underlying sales growth and greater earnings power clarity before getting more constructive on shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
- Starbucks price target lowered to $99 from $100 at Citi
- Starbucks price target raised to $115 from $106 at Barclays
- Starbucks’ Strategic Investments and Performance Challenges Lead to Hold Rating
- Starbucks Reports Q3 2025 Financial Results
- “Green Apron Service” Proves Little Help for Starbucks Stock (NASDAQ:SBUX)