Starbucks stock price rises on William Blair upgrade as Investor Day nears
Starbucks shares rose 0.9% to $96.67 in afternoon trading after William Blair upgraded the stock to “Outperform.” The company will report fiscal Q1 results on Jan. 28 and outline its long-term growth strategy at Investor Day on Jan. 29. Investors are watching for signs of a turnaround as labor costs and U.S. demand remain in focus.