Benzinga - On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said that the stock of Starbucks Corporation (NASDAQ: SBUX) was down 4% after the company reported earnings on Friday.
Benzinga's analyst ratings data shows that seven analysts have a Buy or Overweight rating on the stock, and seven have a Neutral/Hold rating on SBUX.
Starbucks has a “10% comp in the US and 11% internationally,” Link mentioned. She recommended taking advantage of the pullback.
Check out other stocks making moves in the premarket.
Sarat Sethi of Douglas C Lane & Associates said that if Uber Technologies Inc’s (NYSE: UBER) management “hit their matrix,” this is a stock “that you’re going to get to no man’s land” and everyone will want to own it.
Joseph Terranova of Virtus Investment Partners said that ON Semiconductor Corp. (NASDAQ: ON) is an example of a semiconductor stock with a “low beta exposure.”
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