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CNBC

Here's why a Starbucks bear changed his tune and upgraded the stock

Monday, August 3, 2026


A Starbucks analyst upgraded the stock after the company's new CEO Brian Niccol implemented operational changes. The upgrade represents a shift from the analyst's previous skeptical stance on the chain. No additional details about specific operational metrics or the analyst's name were provided in the source material.

Original reporting: https://www.cnbc.com/2026/08/03/heres-why-a-starbucks-bear-changed-his-tune-and-upgraded-the-stock.html

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