Is Nestle Taking Aim at Starbucks' Territory?
It's hard to imagine any company being a real threat to a chain as dominant as Starbucks (NASDAQ: SBUX), but the restaurant industry is a fickle space. In this segment from the Motley Fool Money radio show, host Chris Hill, Supernova and Million Dollar Portfolio's Matt Argersinger, Total Income's Ron Gross, and Motley Fool Pro and Options' Jeff Fischer consider whether Starbucks' plans for its artisanal Reserve chain are in any danger now that upstart Blue Bottle Coffee has the backing of global Fortune 500 company Nestle.
A full transcript follows the video.
Source: Fool.com
Starbucks Corp. Stock
€68.20
0.980%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
As a result the target price of 98 € shows a positive potential of 43.7% compared to the current price of 68.2 € for Starbucks Corp..
