Morgan Stanley provided financial analysis on several food and beverage brands, including CMG, Applebee, and Starbucks.
Steady: 0 in the last 7 days
Updated sep 23
The latest in this situation
How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Morgan Stanley provided financial analysis on several food and beverage brands, including CMG, Applebee, and Starbucks.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- California Gold Development acquired ownership of Applebee's and Starbucks, while Peterson was appointed Director of Administrative Services in Tuolumne County.Sub-event
- Morgan Stanley reaffirmed an overweight rating on shares of Starbucks.Sub-event
Morgan Stanley raised price targets for CMG and Applebee while noting weak sentiment for Starbucks.1 source
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The entities involved
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Morgan Stanley
U.S. investment bank
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Starbucks
American multinational coffee company
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CMG
former British consulting company
Nothing else this week.
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Dine Brands Global
American company
Related events
- Jefferies Financial Group increased its price objective on Starbucks shares.
- Homemade alternatives are challenging the market dominance of major coffee brands like Starbucks.
- Starbucks is closing underperforming stores across the US.
- China is Starbucks' second-largest market, and UBS maintained its price target on the company.
- Starbucks is introducing new products to celebrate National Coffee Day.
Coverage
Newest first; wire copies grouped- Investing.comKeyBanc: Sentiment positive for YUM and SHAK, Investors warming up to CMG, MCD Investing.com -- Investor sentiment in the restaurant sector is currently strongest for YUM! Brands and Shake Shack (NYS