China is Starbucks' second-largest market, and UBS maintained its price target on the company.
2 reports, 2 independent
Updated Wed 00:00
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What happened
China is Starbucks' second-largest market, and UBS maintained its price target on the company.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.UBS predicts Starbucks will surpass quarterly expectations.1 source
UBS maintained its price target on Starbucks, noting China as its second-largest market.1 source
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The entities involved
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Starbucks
American multinational coffee company
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UBS
Swiss multinational investment bank and financial services company
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- Starbucks is closing underperforming stores across the US.
- Trader Joe's is launching a new concentrate aimed at competing with Starbucks.
- Starbucks opened stores in Xinjiang, leading to scrutiny over forced labor and sales to CCP elites.
- Financial Times reported on the evaluation of a potential takeover involving Starbucks, which was subsequently cited by TipRanks.
Coverage
Newest first; wire copies grouped- themarketsdaily.com
- Insider MonkeyUBS Maintains Price Target on Starbucks (SBUX), Sees China Strategy Shift Ahead Starbucks Corporation (NASDAQ:SBUX) ranks among the top stocks for an early retirement portfolio. On June 18, UBS maint