Starbucks CEO hype has been ‘overdone,’ Jefferies analysts say in rare downgrade
The shock announcement of Chipotle CEO Brian Niccol taking the helm of Starbucks following former boss Laxman Narasimhan’s departure was a much-needed jolt to the coffee giant’s stock: Company shares were up 22% the day after the news, with investors rallying around the potential for a turnaround in Starbucks’ slump.
Starbucks Gets Rare Sell Call as CEO Shakeup Rally ‘Overdone’
It’s too early to get excited about Starbucks Corp.’s prospects for a turnaround even with a new chief executive officer in charge, Jefferies analysts said, assigning a rare sell-equivalent rating to the struggling coffee chain operator.
Jefferies Financial Group Inc (JEF) stock saw a decline, ending the day at $62.07 which represents a decrease of $-0.22 or -0.35% from the prior close of $62.29. The stock opened at $62 and touched a ...
Throughout the last three months, 4 analysts have evaluated Jefferies Financial Gr JEF, offering a diverse set of opinions ...
A former Jefferies Financial Group hedge fund manager who was sued for allegedly defrauding the fund out of more than $100 million is also facing a federal criminal probe. Manhattan federal ...
Fintel reports that on September 19, 2024, Jefferies initiated coverage of WEC Energy Group (NYSE:WEC) with a Hold ...
Exciting opportunities and risks in the U.S. power and utility stocks sector, according to Jefferies report, with top picks including PPL, Exelon, and Duke Energy.
UBS has recently initiated Jefferies Financial Group Inc (JEF) stock to Buy rating, as announced on September 17, 2024, according to Finviz. Earlier, on August 22, 2023, Goldman had raised the stock ...
Piramal expects its Complex Hospitals portfolio and India Consumer Health division to grow at a compound annual growth rate ...
Oppenheimer analyst Chris Kotowski maintained a Buy rating on Jefferies (JEF – Research Report) today and set a price target of $66.00.
Shares of European luxury-goods makers are dropping again as analysts at Goldman Sachs Group Inc. and Jefferies International ...
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Bausch Health Taps Jefferies to Refinance Debt, Aid SpinoffBausch Health Cos. is working with Jefferies Financial Group to explore refinancing some of its debt to aid a long-planned ...
A Jefferies report highlights India's long-term attractiveness for growth-oriented investors despite high valuations.
The acquisition has a notable impact on the firm's portfolio, representing a 14.65% position and making up 4.50% of the total ...
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