Starbucks At A Crossroads, Analyst Sees Chipotle-Like Potential But Warns Of Declining Value Perception
1. Starbucks maintained a Hold rating with a $90 price forecast. 2. CEO Brian Niccol's past success with Chipotle serves as a benchmark. 3. Investor expectations for Starbucks’ sales are slightly improving. 4. Concerns about pricing flexibility may limit revenue growth. 5. Starbucks is experiencing competition from drive-thru coffee chains.