Starbucks Is Now an Activist Investor Target -- Should You Buy the Stock Right Now?
Notable activist investor Elliott Investment Management recently took a substantial position in (NASDAQ: SBUX), according to a Wall Street Journal report. This isn't surprising, as the coffee giant has actually produced negative investor returns over the past five years despite posting strong growth in the business. In this video, Fool.com contributors Matt Frankel and Lou Whiteman give their takes on Starbucks' problems and what investors need to know.
*Stock prices used were the morning prices of July 24, 2024. The video was published on July 25, 2024.
Source Fool.com
Starbucks Corp. Stock
€82.21
0.080%
With 34 Buy predictions and 1 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 95 € there is a slightly positive potential of 15.56% for Starbucks Corp. compared to the current price of 82.21 €.
