RBC Capital Reiterates Bullish View on Starbucks (SBUX)
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April 15, 2015 10:48 AM EDT
Starbucks Coffee (NASDAQ: SBUX) is the preferred brand of both upper-income teens and average-income teens, the latest survey from Piper Jaffray showed.
Piper Jaffray's 29th Semi-Annual Taking Stock With Teens survey showed that Starbucks maintained the Number 1 spot for the 9th consecutive time... More
April 14, 2015 5:53 PM EDT
Cowen initiates coverage on Starbucks (NASDAQ: SBUX) with a Outperform rating and a price target of $56.00.
Analyst Andrew Charles commented, "In our view the key to reaccelerating comps is growth in the SBUX Card and mobile payment, which fuels the company's digital initiatives.... More
April 10, 2015 6:43 AM EDT
Piper Jaffray analyst Nicole Miller Regan raised her split-adjusted price target on Starbucks (NASDAQ: SBUX) to $55.00 (from $53.00) while reiterating an Overweight rating. The firm's 5-year model suggests earnings will double.
Regan commented, "For the current FY15 period, our split-adjusted earnings estimate is increased by $0.01... More
