Starbucks Corp (SBUX) receives a Hold rating from TD Cowen

In a filing, Starbucks Corp revealed its evp, chief partner officer KELLY SARA unloaded Company’s shares for reported $1.94 million on Nov 29 ’24. In the deal valued at $101.37 per share,19,102 shares were sold. As a result of this transaction, KELLY SARA now holds 46,115 shares worth roughly $3.99 million.

Then, KELLY SARA bought 19,102 shares, generating $1,936,370 in total proceeds.

Before that, Conway Michael Aaron bought 24,884 shares. Starbucks Corp shares valued at $2,557,462 were divested by the Officer at a price of $102.78 per share.

TD Cowen downgraded its Starbucks Corp [SBUX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Neutral”. Wells Fargo also remained covering SBUX and reiterated its “an Overweight” recommendation on April 22, 2025. Jefferies revised its rating on April 09, 2025. It rated SBUX as “a Hold” which previously was an “an Underperform”.

Price Performance Review of SBUX

On Tuesday, Starbucks Corp [NASDAQ:SBUX] saw its stock jump 1.66% to $86.60. Over the last five days, the stock has lost -0.47%. Starbucks Corp shares have fallen nearly -5.10% since the year began. Nevertheless, the stocks have risen 9.95% over the past one year. SMA at 50 days reached $86.13, while 200 days put it at $95.79.

Levels Of Support And Resistance For SBUX Stock

The Relative Strength Index (RSI) on the 14-day chart is 53.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.39%. Stochastics %K at 51.93% indicates the stock is a holding.

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