HomeLifestyleFood & BeverageStarbucks (SBUX) CEO To Step Down, Former CEO To Return
Starbucks (SBUX) CEO To Step Down, Former CEO To Return

Starbucks (SBUX) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss SBUX as the stock has recently risen. They talk about how the CEO of SBUX, Kevin Johnson is to step down and the former CEO, Howard Schultz is returning as interim CEO. They speculate that Schultz’s return is what is driving the stock price. They then go over how SUBX was upgraded to overweight from neutral at JPMorgan with a $101 price target. Finally, the demonstrate an example trade using SBUX. Tune in to find out more.

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