UBS Maintains Price Target on Starbucks (SBUX), Sees China Strategy Shift Ahead

Starbucks Corporation (NASDAQ:SBUX) ranks among the top stocks for an early retirement portfolio. On June 18, UBS maintained its $95 price target and Neutral rating on Starbucks Corporation (NASDAQ:SBUX), pointing to the company’s China business’s projected progress through fiscal year 2026.

According to the investment firm, Starbucks Corporation (NASDAQ:SBUX) is still under pressure from local competitors and declining customer spending in China. With almost 8,000 outlets already open, the nation ranks as the company’s second-largest market worldwide.

Starbucks Corporation (NASDAQ:SBUX) is expected to seek a partnership in China, possibly selling a portion of its operations there, according to UBS. A move like this would boost regional growth by drawing in local expertise, fresh connections, and more targeted marketing resources.

Starbucks Corporation (NASDAQ:SBUX) is an American multinational chain of coffee shops and roastery reserves with operations in more than 80 countries. It is well-known for its roasted whole beans and ground coffees, ready-to-drink beverages, and range of food products.

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Disclosure: None.