Why These 5 Stocks Trended This Week

4. Starbucks Corporation (NASDAQ:SBUX) trended this week after the company reported earnings for the quarter. Although the company’s fourth quarter adjusted earnings per share of $1 was ahead of the consensus of $0.99, Starbucks Corporation (NASDAQ:SBUX)’s sales of $8.1 billion was below the average of $8.21 billion. Following the earnings report, Brian Bittner of Oppenheimer lowered his price target to $130 from $140 but has an ‘outperform’ rating. Overall shares of Starbucks Corporation (NASDAQ:SBUX) fell 7.56% over the past week. Ken Fisher‘s Fisher Asset Management owned more than 8.33 million shares of Starbucks Corporation (NASDAQ:SBUX) at the end of September.