Starbucks upgraded to hold at Melius Research
Starbucks upgraded due to strong quarter and turnaround
SBUX Starbucks was upgraded to hold from sell at Melius Research.
This Club name delivered a fantastic quarter last week, and we raised our price target.
CEO Brian Niccol's turnaround is gaining steam, and the stock looks primed for a breakout.
No idea why it was regarded as a sell in the first place. - per Cramer Investing Club Newsletter