Starbucks Stock Shines as Analysts Mull Early Merits of Turnaround Plan
1. Starbucks stock rose due to better-than-expected same-store sales decline. 2. CEO Brian Niccol's turnaround plan shows promising initial results. 3. JPMorgan maintains 'overweight' rating with a $105 price target. 4. Jefferies remains bearish, forecasting prolonged issues for Starbucks sales. 5. CFO warns earnings could face pressure before improvement in fiscal 2025.