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    • Brian Niccol

    According to analysts, Starbucks shares have been downgraded as the turnaround will take more time
    Massachusetts

    According to analysts, Starbucks shares have been downgraded as the turnaround will take more time

    According to Jefferies analyst Andy Barish, Starbucks (SBUX) will need time to “brew a fresh pot.” On Tuesday, before the market opened, Barish downgraded the coffee giant’s shares to “underperform” and lowered his price target to $76. He cited “a…

    Posted on Idris Bevan
    Chipotle stock will outperform Starbucks over the next 5 years
    New Jersey

    Chipotle stock will outperform Starbucks over the next 5 years

    Brian Niccol, CEO of Chipotle Mexican Grill (NYSE:CMG)to take the same position at Starbucks (NASDAQ:SBX) caused a stir in the market, with Starbucks stock soaring and Chipotle stock sinking. The immediate reaction was understandable. Starbucks was in crisis and needed…

    Posted on Seren Anwen
    Shark Tank judge Anupam Mittal on the Starbucks CEO’s 1,600 km flight to work: “Whatever happened to the leadership of …?”
    Enterprise

    Shark Tank judge Anupam Mittal on the Starbucks CEO’s 1,600 km flight to work: “Whatever happened to the leadership of …?”

    CEO of Starbucks Brian Niccol will commute to the company’s Seattle headquarters three times a week. According to the offer letter disclosed in an SEC filing, the newly appointed CEO will fly 1,000 miles from Newport Beach, California to Seattle….

    Posted on Idris Bevan
    From California to Seattle: New CEO of Starbucks commutes 1,600 kilometers to work on company jet
    Enterprise

    From California to Seattle: New CEO of Starbucks commutes 1,600 kilometers to work on company jet

    Last updated: 21 August 2024, 12:15 IST Starbucks (representative image) Under Starbucks’ hybrid work policy, Niccol must continue to work in the Seattle office three days per week when he is not traveling. Brian Niccol, the newly appointed CEO of…

    Posted on Idris Bevan
    New Starbucks CEO commutes daily from California to Seattle by private jet
    Enterprise

    New Starbucks CEO commutes daily from California to Seattle by private jet

    Newly appointed Starbucks CEO Brian Niccol will commute 1,000 miles from his home in California to the company’s headquarters in Seattle. This unconventional commute will be made possible by a company jet, as stipulated in his employment contract. Under Starbucks’…

    Posted on Idris Bevan
    Starbucks’ new CEO commutes 1,600 kilometers to work on a company jet
    Enterprise

    Starbucks’ new CEO commutes 1,600 kilometers to work on a company jet

    Starbucks CEO Brian Niccol will have an unusually long commute next month as the coffee giant’s new chief. Niccol, who lives in California, will travel 1,000 miles (1,600 kilometers) to the company’s headquarters in Seattle every day. According to his…

    Posted on Idris Bevan
    Chipotle shares fall after CEO change. Should investors buy Cava shares instead?
    New Jersey

    Chipotle shares fall after CEO change. Should investors buy Cava shares instead?

    Many investors have debated whether the better fast-casual restaurant stock Cava Group (NYSE: CAVA) or Chipotle Mexican Grill (NYSE:CMG)Considering that Cava follows Chipotle’s playbook in the Mediterranean cuisine space and is a much smaller company, it’s a debate worth having….

    Posted on Seren Anwen
    Chipotle shares plunge after company loses star CEO: Time to buy?
    New Jersey

    Chipotle shares plunge after company loses star CEO: Time to buy?

    Shares of Chipotle Mexican Grill (NYSE:CMG) fell 7% on August 13 after the company announced the abrupt impending departure of its CEO Brian Niccol, who had led the fast-casual restaurant chain since 2018. Niccol will take on the same role…

    Posted on Seren Anwen
    Walmart and Starbucks are among the most overbought stocks facing a decline
    New Jersey

    Walmart and Starbucks are among the most overbought stocks facing a decline

    Some stocks may see a pause or pullback after Wall Street bounced back this week following a global sell-off in early August. All three major averages are expected to finish the week higher, with more positive economic data this week…

    Posted on Seren Anwen
    Starbucks and Brian Niccol, a perfect match? Hold the stock to find out
    New Jersey

    Starbucks and Brian Niccol, a perfect match? Hold the stock to find out

    Days after Starbucks soared following its surprise CEO change, shareholders may be wondering what to do with the stock. It’s a more than understandable question, as large-cap stocks rarely gain 24.5% in one session – as Starbucks did on Tuesday…

    Posted on Seren Anwen

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