<div id="readability-page-1"><div id="articlecontent"> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/starbucks-co-logo-1200x675.png/query-dj0yMDIzMTIxNDEyMjU0NA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/starbucks-co-logo-1200x675.png/query-dj0yMDIzMTIxNDEyMjU0NA"/><span>Starbucks (NASDAQ:SBUX - Get Free Report)</span> had its target price decreased by stock analysts at HSBC from $107.00 to $84.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has a &#34;hold&#34; rating on the coffee company's stock. HSBC's price objective would suggest a potential upside of 14.90% from the company's previous close.</p><ul><li>3 Staples Stocks to Cushion Lower Consumer Sentiment</li></ul><p>A number of other equities research analysts have also recently issued reports on SBUX. UBS Group reduced their price objective on Starbucks from $95.00 to $85.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday. Evercore ISI reduced their price objective on Starbucks from $120.00 to $92.00 and set an &#34;outperform&#34; rating for the company in a report on Wednesday. Gordon Haskett cut Starbucks from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $100.00 price objective for the company. in a report on Tuesday, January 16th. DZ Bank cut Starbucks from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $75.00 price objective for the company. in a report on Friday. Finally, Stephens restated an &#34;equal weight&#34; rating and set a $110.00 price objective on shares of Starbucks in a report on Wednesday, January 31st. Seventeen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of &#34;Hold&#34; and a consensus target price of $98.38.</p><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Nzcw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Nzcw"/></span></p><div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/images/webpush/files/thumb_2043push_gold-nugget-2269846_640.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="200" height="200" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/images/webpush/files/thumb_2043push_gold-nugget-2269846_640.jpg"/></p></div><div><p><b>Ad </b> Stansberry Research</p><p>Gold Mania</p><p>Former Goldman VP Reveals Mysterious &#34;Gold Bank&#34; With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. 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The coffee company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.11). The business had revenue of $8.56 billion for the quarter, compared to analyst estimates of $9.12 billion. Starbucks had a negative return on equity of 49.91% and a net margin of 11.38%. Starbucks's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.74 EPS. On average, analysts forecast that Starbucks will post 3.89 earnings per share for the current year. </p><h2>Insider Transactions at Starbucks</h2><ul><li>3 Bargain Stocks Near 52-week Lows</li></ul><p>In other news, insider Michael Aaron Conway sold 3,250 shares of the company's stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $94.03, for a total transaction of $305,597.50. Following the completion of the transaction, the insider now directly owns 84,153 shares in the company, valued at $7,912,906.59. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 7,250 shares of company stock worth $651,738. Corporate insiders own 1.98% of the company's stock. </p><h2>Institutional Trading of Starbucks</h2><p>A number of institutional investors and hedge funds have recently bought and sold shares of SBUX. Stratos Wealth Advisors LLC increased its holdings in Starbucks by 38.5% in the third quarter. Stratos Wealth Advisors LLC now owns 9,015 shares of the coffee company's stock valued at $823,000 after purchasing an additional 2,506 shares during the period. Baker Ellis Asset Management LLC increased its holdings in Starbucks by 1.9% in the third quarter. Baker Ellis Asset Management LLC now owns 5,859 shares of the coffee company's stock valued at $535,000 after purchasing an additional 108 shares during the period. Groesbeck Investment Management Corp NJ increased its holdings in Starbucks by 15.5% in the third quarter. Groesbeck Investment Management Corp NJ now owns 4,727 shares of the coffee company's stock valued at $431,000 after purchasing an additional 633 shares during the period. Sage Mountain Advisors LLC grew its holdings in Starbucks by 19.4% during the 3rd quarter. Sage Mountain Advisors LLC now owns 8,668 shares of the coffee company's stock worth $791,000 after acquiring an additional 1,407 shares during the period. Finally, Sawyer &amp; Company Inc grew its holdings in Starbucks by 0.7% during the 3rd quarter. Sawyer &amp; Company Inc now owns 30,082 shares of the coffee company's stock worth $2,746,000 after acquiring an additional 208 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Starbucks</h2><p> (Get Free Report)</p><p>Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.</p><h2>See Also</h2><ul><li>Five stocks we like better than Starbucks</li><li>How to Buy Cheap Stocks Step by Step</li><li>Apple’s Earnings Show Investors Its Strength and Its Weakness</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Bargain Alert: 3 Large Caps With Extremely Oversold RSIs</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>DraftKings Q1: Strong Customer Acquisition and Product Innovation</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JVWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JVWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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HSBA

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HSBC

SBUX

<p>Starbucks (NASDAQ:SBUX) has had its price target cut by HSBC from $107.00 to $84.00 and has been given a "hold" rating. This follows similar reductions by other analysts, including UBS Group and Evercore ISI. Starbucks' stock price has been trading down, reaching $73.11 on Friday. The coffee company reported lower than expected earnings per share for the quarter and a decrease in revenue compared to the same period last year.</p>

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Starbucks

Starbucks (NASDAQ:SBUX) Price Target Cut to $84.00