Starbucks CEO Niccol’s Strategic Shifts Aim to Reinvent the Coffee Giant
Starbucks CEO Brian Niccol is steering the company beyond recovery mode with a bold $500 million labor investment and innovative product tests. Analysts responded by raising price targets, signaling confidence in his 'better Starbucks' vision.
The proposed coconut water-based beverages and gluten-free options mark a departure from tradition. JPMorgan's upgraded $105 target reflects growing institutional Optimism about Niccol's transformative approach.