Starbucks Corporation (NASDAQ:SBUX) slid 0.84% to $27.31. Last week, the company saw its price target and earnings estimates boosted by analysts at UBS. The firm said it now expects SBUX shares to reach $31, implying a 14% upside to the stock’s Wednesday closing price of $27.26. UBS also maintained its “Buy” rating and raised its earnings estimates, citing higher retail sales expectations.
Wendy’s Arby’s Group Inc. (NYSE:WEN) lost 1.63% to $4.82 on renewed speculation that the fast-food company could be acquired.
Over the past 52-week, the stock traded within the range of $3.83-$5.55.
Microsoft Corporation (NASDAQ:MSFT) is up 0.05% and currently trading at $25.55. Last week, Barclays Capital has reduced the price target to $28.0 from $30.0. Microsoft Corporation is engaged in developing, manufacturing, licensing and supporting a range of software products and services for different types of computing devices.
Hyatt Hotels Corporation (NYSE:H) moved up marginally 0.12% to $40.80. Yesterday, the company announced expansion plans in China. The Company is planning for 11 new Hyatt-branded hotels in emerging cities and resort destinations.
The 52-week range of the stock is $25.75-$43.88.
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