Cowen upgrades Starbucks, says company implementing strategies that will pay off after pandemic

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New for subscribers: Cowen upgrades Starbucks, says company implementing strategies that will pay off after pandemic Check out CNBCPro today.

reset its business strategy, shedding unneeded assets and focusing on customer innovation, according to Cowen.

The Wall Street firm upgraded shares of Starbucks to outperform from market perform, sending shares of the world's largest coffee chain up 1.5% in premarket trading on Wednesday. Cowen also raised its 12-month price target to $99 per share from $77 per share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Dunkin’ Donuts Starbucks

you cant sit down in a Starbucks. Cowan way off the mark

you cant sit down in a Starbucks. Cowan way off the mark

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney to lay off 28,000 theme park workers, Disneyland remains closed - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Remember, no one in management with fat salaries will resign... only workers... Well done, politicians! You decimated the economy and livelihoods over a virus that affects almost no one and kills fewer than 0.06% of the population You did not state their reason clearly as part of the headline. 28,000 lay offs due to Governor's continued adamant position to keep California close, using pandemic as an excuse.
Source: BusinessInsider - 🏆 729. / 51 Read more »