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Analysts have a consensus “buy” rating on the stock, but their average price target is nearly 10% lower than the closing price on Aug. 16. 5. Luckin Coffee Inc. (LKNCY)
The stock drop has pushed the dividend yield up to a well-above-market 5.8%. Even conservative investors should consider Vici Properties if a large and reliable stream of income is the goal.
And high expectations are already baked in, with the stock now trading at a price-to-earnings (P/E) ratio of 27.5. Starbucks is a huge business, and a turnaround could take years.
Amid the much hyped but ultimately disappointing spate of initial public offerings stands Luckin Coffee (NASDAQ:LK). Unlike names such as Uber (NYSE:UBER) or Lyft (NASDAQ:LYFT), Luckin doesn't ...
Northern's (NOG) third-quarter earnings and revenues beat the consensus mark due to better-than-expected performances. Northern (NOG) Stock Rises 2.6% After Q3 Earnings & Sales Beat Skip to main ...
With only 876 coffee shops (582 are company-owned) at the end of March, Dutch Bros' biggest opportunity moving forward is expansion. Currently, the company operates in only 17 states, most of ...