Starbucks Corp

NASDAQ:SBUXUnited States

Nov 1, 2024

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• DJ Review & Preview: CEOs Come Under Fire -- Barron's, from 9:30PM ET on Friday Nov 01, 2024 by Dow Jones

  9:30PM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: LUV, SBUX, JCI, CVS
  
  By Bill Alpert
  
  Activist investors normally push to sell struggling companies. This year, they're making a different demand: decapitation. Starbucks, Johnson Controls, and CVS Health are all replacing CEOs, after activists argued their stocks suffered from bad management or strategy. On Oct. 24, Southwest Airlines CEO Bob Jordan managed to keep his job, despite calls from Elliott Investment Management to fire him. Instead, Southwest agreed to name five directors nominated by Elliott to its board.
  

• DJ Activists Turn to Firing CEOs as M&A Slumps -- Barrons.com, from 7:35PM ET on Friday Nov 01, 2024 by Dow Jones

  7:35PM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: LUV, SBUX, JCI, CVS
  
  By Bill Alpert
  
  Activist investors normally push to sell struggling companies. This year, they're making a different demand: decapitation. Starbucks, Johnson Controls, and CVS Health are all replacing CEOs, after activists argued their stocks suffered from bad management or strategy. On Oct. 24, Southwest Airlines CEO Bob Jordan managed to keep his job, despite calls from Elliott Investment Management to fire him. Instead, Southwest agreed to name five directors nominated by Elliott to its board.
  

• ARC Independent Research Downgrades Starbucks to Sell From Hold With $83 Price Target, from 10:40AM ET on Friday Nov 01, 2024 by MT Newswires

  10:40AM ET on Friday Nov 01, 2024 by MT Newswires
  Companies Mentioned: SBUX
  10:40 AM EDT, 11/01/2024 (MT Newswires) -- Starbucks (SBUX) has an average outperform rating and price target range of $76 to $120, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major b...

• Piper Sandler Adjusts Price Target on Starbucks to $110 From $103, from 10:08AM ET on Friday Nov 01, 2024 by MT Newswires

  10:08AM ET on Friday Nov 01, 2024 by MT Newswires
  Companies Mentioned: SBUX
  10:08 AM EDT, 11/01/2024 (MT Newswires) -- Starbucks (SBUX) has an average rating of outperform and price targets ranging from $76 to $120, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from...