Starbucks getting rid of disposable cups is not why this analyst upgraded the stock - 16 martie 2022
Starbucks (US.SBUX) may save a few bucks over time amid its decision to phase out the majority of its disposable cups by 2025, but that's not why one top Wall Street analyst thinks the stock is now a Buy. JPMorgan restaurant analyst John Ivankoe lifted his rating Wednesday on Starbucks to Overweight (Buy equivalent) and slapped the stock with a $101 price target.