Starbucks Coffee (SBUX): Reiterating Outperform Ahead Of Analyst Day - RBC

December 1, 2016 7:12 AM EST
Get Alerts SBUX Hot Sheet
Price: $57.85 --0%

Rating Summary:
    27 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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RBC Capital analyst, David Palmer, reiterated his Outperform rating on shares of Starbucks (NASDAQ: SBUX) ahead of Starbucks Biennial Analyst Day next week.

The analyst's panel data is pointing to a slow start to the fiscal year but he believes consumer confidence is improving and recent marketing tools should help accelerate SSS growth through quarter-end.

No change to estimates or the price target of $64.

For an analyst ratings summary and ratings history on Starbucks click here. For more ratings news on Starbucks click here.

Shares of Starbucks closed at $57.97 yesterday.

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