Starbucks Delivers Record Q2 Revenue and EPS
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April 24, 2015 10:34 AM EDT
Goldman Sachs analyst Karen Holthouse reiterated her Conviction Buy List rating on Starbucks (NASDAQ: SBUX) and raised her price target to $57.00 (from $53.50) following Q2 results and commentary that increased the firm's confidence in long-term drivers of value (mobile ordering, food sales, and China).
Holthouse said "although, with a 25% run in the shares in ~5 months and limited upside to near-term EPS... More
April 24, 2015 6:32 AM EDT
RBC Capital analyst David Palmer reiterated an Outperform rating and boosted his price target on Starbucks (NASDAQ: SBUX) to $55.00 (from $50.00) following Q2 results on higher sales momentum, productivity, and benign costs.
"We believe investments in innovation, technology, and brand development will fuel... More
