BUZZ – Brokerlarning fikri: Analystlar Starbucks va Chipotle sotib olish rejasiga shubha bilan qaramoqda
路透社2026/10/09 16:16Latest updates October 9 - Financial Times reported on Thursday that Starbucks (SBUX.O) has explored the potential acquisition of Chipotle (Chipotle CMG.N), which would allow CEO Brian Niccol to return to the Mexican burrito chain brand he once led. Starbucks declined to comment, stating the company remains “fully focused” on business restructuring. Chipotle shares fell about 4% to $31.32 on Friday, after rising 6.2% in the previous trading day. Limited strategic rationality BTIG expressed “high doubts,” stating the deal is “not reasonable” operationally and would cause serious dilution for Starbucks shareholders, disrupting management operations. “Over the years, we've heard many reports about multi-brand acquisitions…but few materialize, and even fewer succeed,” said BTIG. William Blair pointed out that Starbucks' $9.4 billions net debt as of June makes acquisition financing “unsustainable” and may push the merged leverage ratio up to about 6 times, which is considered high in the restaurant industry. D.A. Davidson stated that given significant differences between the brands and minimal apparent synergies, the probability of success for the deal is 20% or less. Raymond James noted that with low menu overlap, supply chain benefits may be limited, and performance of multi-brand restaurant platforms has been mixed. Suzy Davidkhanian of eMarketer said Niccol’s familiarity may reduce execution risks, but investors may still view this deal as a “costly distraction” during Starbucks' transformation. For convenience of non-English speakers, Reuters has automatically translated this report into several languages. Since automated translations may be inaccurate or lack necessary context, Reuters does not guarantee the accuracy of automated translation and provides it only for reader convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation feature.
Eng so‘nggi yangiliklar
9-oktyabr - Financial Times payshanba kuni xabar berishicha, Starbucks (SBUX.O) Chipotle (CMG.N) kompaniyasini potentsial sotib olish masalasini ko‘rib chiqqan (link), bu harakat bosh direktori Brian Niccol'ni ilgari rahbarlik qilgan Meksika buritolar tarmog‘iga qaytarishi mumkin. Starbucks izoh bermagan, faqat kompaniya hali ham biznesni qayta tiklashga to‘liq e’tibor qaratayotganini bildirgan.
Chipotle aksiyalari juma kuni qariyb 4% ga pasayib, 31,32 dollarni tashkil etdi, avvalgi savdo kunida 6,2% ga o‘sgan edi.
Strategik jihatdan asosli emas
BTIG bunday bitim operatsion nuqtai nazardan “ajoyib emasligi” va Starbucks aksiyadorlari uchun kuchli suyultirishga va boshqaruvdagi chalkashlikka olib kelishini bildirgan holda, “juda shubhali” deb aytdi.
“Yillar davomida biz ko‘p brendli sotib olishlar haqida ko‘plab xabarlarni eshitdik... ammo juda kam amalga oshadi va undan ham kam muvaffaqiyatga erishiladi,” — BTIG
William Blair qayd etganidek, iyun oyiga kelib Starbucks kompaniyasining 9,4 milliard dollar sof qarzi ushbu sotib olish uchun moliyalashtirishni “juda qiyinlashtiradi” va birlashgan kompaniyaning levveraj darajasini taxminan 6 barobarga ko‘tarib yuboradi, bu ovqatlanish sohasida yuqoriroq ko‘rsatkich hisoblanadi.
D.A. Davidson shunday deydi: brendlar o‘rtasida katta farqlar mavjud bo‘lib, aniq sinergiyalar deyarli yo‘qligi sababli bitimning muvaffaqiyat ehtimoli 20% yoki undan past.
Raymond James ta’kidlaganidek, menyularning o‘xshashligi past bo‘lgani uchun, ta’minot zanjirida kutilgan natijalar cheklangan bo‘lishi mumkin, va bir necha brendli restoran platformalari ham notekis natijalar ko‘rsatmoqda.
eMarketerdan Suzy Davidkhanian fikricha, Niccol’ning kompaniyaga tanishligi ijroga oid xatarlarga kamaytirishi mumkin, biroq sarmoyadorlar bu bitimni Starbucks transformatsiyasida “qimmatli chalg‘ituvchi” sifatida ko‘rishi mumkin.
(Ingliz tilini ona tili qilmagan o‘quvchilar uchun, Reuters o‘z hisobotini bir nechta boshqa tillarga avtomatik tarjima qiladi. Avtomatik tarjimada xatoliklar yoki kerakli kontekst yo‘qligi mumkinligi sababli, Reuters matnlarning aniqligi uchun kafolat bermaydi va ularni faqat o‘quvchilar uchun qulaylik sifatida taqdim etadi. Avtomatik tarjima funksiyasidan foydalanish natijasida yuzaga kelgan har qanday zarar yoki yo‘qotishlar uchun Reuters javobgar hisoblanmaydi.)
Mas'uliyatni rad etish: Ushbu maqolaning mazmuni faqat muallifning fikrini aks ettiradi va platformani hech qanday sifatda ifodalamaydi. Ushbu maqola investitsiya qarorlarini qabul qilish uchun ma'lumotnoma sifatida xizmat qilish uchun mo'ljallanmagan.
Sizga ham yoqishi mumkin
AQSh fond bozori o'zgarishi | AQShning klinik bosqichdagi biofarmatsevtika kompaniyasi Retension Pharmaceuticals (RTSN.US) AQSh fond bozorida ro'yxatga olindi, ochilishdan keyin aksiyalari 10% dan ortiq pasaydi
Yozilish vaqtida, ushbu aksiya 10% dan ko‘proq pasaydi va 10.77 dollarni tashkil etdi.
Amerika fond bozori tebranishi | Trex Bio (TRXB.US) Amerika fond bozorida ro’yxatdan o’tdi va ochilishdan keyin 1.3% dan ko‘proqqa tushdi
Xabar berilgan vaqtda, bu aksiya 1.3% dan ko‘proq pasaydi va narxi 13.805 dollarni tashkil etdi.
BUZZ - UBS Biogenning keyingi bosqich ilmiy-tadqiqot yo‘nalishi katalizatorlari sababli narx maqsadini oshirdi; aksiya narxi oshmoqda
9-oktabr — ** Biogen (BIIB.O) farmatsevtika kompaniyasi aksiyalari 2.4% ga ko‘tarilib, 223.71 dollarni tashkil etdi ** UBS narx maqsadini 240 dollardan 270 dollarga oshirdi va “sotib olish” reytingini saqladi ** Uchinchi kvartal daromadi 2.69 billions dollar, aksiyadagi daromad (EPS) esa 2.11 dollar bo‘lishi kutilmoqda, bu bozor konsensusidan biroz yuqori ** Alzheimer kasalligi uchun Leqembi dori mahsulotining uchinchi kvartaldagi savdosi 200 millions dollar atrofida bo‘lishi kutilmoqda, bu bozor konsensusiga mos va yaqinda ishga tushirilgan subkutan dori shakli 2027-yildan boshlab muhim o‘sish omili bo‘lishi mumkinligi bildirildi ** Biogen ning Syfovre oftalmologik dorisidan kutilayotgan natijalar Apellis ni sotib olganda (link) bo‘lganidan ko‘ra optimistik ekani va savdo strategiyasi optimallashtirilayotgani ta’kidlandi ** Yil oxirida lupus dori litifilimab bo‘yicha kechki klinik tadqiqotlar ma’lumotlari va 2027-yilning birinchi yarmida teri lupus bo‘yicha ma’lumotlar asosiy katalizator bo‘ladi ** Bundan tashqari, felzartamab dori bo‘yicha 2027-yilning birinchi yarmida keladigan kechki klinik ma’lumotlar o‘sish imkoniyatini yaratadi va Eli Lilly (LLY.N) kompaniyasining asimptomatik Alzheimer kasalligi bo‘yicha klinik sinovlari pozitiv ta’sir ko‘rsatishi mumkin ** Yil boshidan beri aksiyalar narxi 26.3% ga oshgan (Quyidagi ma’lumot avtomatik tarzda tarjima qilindi. Reuters avtomatik tarjima orqali yetkazilgan ma’lumotlarning aniqligi yoki konteksini kafolatlamaydi, avtomatik tarjima xizmati osonlik uchun taqdim etilgan. Avtomatik tarjima hasiliga ko‘ra yetkazilgan zarar yoki yo‘qotishlar uchun Reuters javobgarlikni olmaydi.)
BUZZ-JPMorgan VF Corp reytingini “neytral”ga oshirdi, aksiya narxi oshdi
9-oktabr — ** kiyim chakana sotuvchisi VF Corp (VFC.N) aksiyalari taxminan 3%ga oshdi va 14,90 dollarni tashkil etdi ** JPMorgan reytingini “reduce”dan “neutral”ga ko‘tardi; 18 dollarli maqsadli narxni saqlab qoldi ** Broker VF kompaniyasining 2027-moliyaviy yilidagi savdo hajmi va foydasi bozordagi konsensusga mos kelishi yoki undan oshishi mumkinligini bildirdi ** O‘sish asosan outdoor brendlari — The North Face, Timberland va Altra tomonidan yetaklanishi kutilmoqda ** JPMorgan Vans brendining pasayish tendensiyasi nazoratga olinganini, 2027-yil bahordagi ulgurji buyurtmalar esa yilning ikkinchi yarmidagi natijalarni yaxshilash uchun “yuqori ko‘rinuvchanlik” ta’minlaganini ta’kidladi ** Kompaniya yuqori narxda sotilgan tovarlar, yanada optimal stok rejalari hamda yuqori daromadli brendlar va premium mahsulotlarga o‘tish hisobiga 2029-moliyaviy yilida taxminan 10% operatsion daromadga erishishda saqlanishi mumkinligini ta’kidladi ** 25ta brokerdan 8tasi “buy” yoki “more positive” reytingini berdi; 15tasi “hold”, 2tasi esa “sell” dedi; maqsadli narx medianasi — 16 dollar; ma’lumotlar LSEG tomonidan tayyorlangan ** Oxirgi savdo kuni yakuniga ko‘ra, ushbu aksiyalarning yil boshidan buyon umumiy tushishi taxminan 20%ni tashkil etdi (Ma’lumotni osonlashtirish uchun, Reuters o‘z xabarlarini avtomatik tarzda bir necha boshqa tillarga tarjima qilgan. Avtomatik tarjima xatolar bo‘lishi yoki kerakli kontekstni ta’minlamasligi mumkin, shuning uchun Reuters avtomatik tarjima matnining aniqligiga kafolat bermaydi, faqat o‘quvchilar uchun qulaylik yaratish maqsadida avtomatik tarjima taqdim etadi. Avtomatik tarjima funksiyasidan foydalanish natijasida yuzaga kelgan har qanday zarar yoki yo‘qotish uchun Reuters javobgar emas.).
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