Starbucks (SBUX) PT Raised to $64 at RBC Capital
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Wedbush Raises Price Target on Starbucks Coffee (SBUX) to $70 Following 3Q15
July 24, 2015 8:12 AM EDTWedbush reiterated an Outperform rating on Starbucks (NASDAQ: SBUX), and raised the price target to $70.00 (from $64.00), following 3Q15. EPS of $0.42 was above $0.41 consensus. Raised FY15 guidance now calls for non-GAAP EPS of $1.57-1.58, up from $1.55-1.57 previously.
Analyst Nick Setyan commented, "Expect continued Americas... More
Starbucks Coffee (SBUX) Tops Q3 EPS by 1c; Updates FY15 adj.-EPS Outlook
July 23, 2015 4:07 PM EDTStarbucks Coffee (NASDAQ: SBUX) reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.86 billion.
Global comparable store sales increased 7%, driven by a 4% increase in... More
Starbucks Coffee (SBUX) Announces Additional 50M Shares Buyback
July 23, 2015 4:05 PM EDTStarbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has authorized the repurchase of an additional 50 million shares of the Company's common stock under its ongoing share repurchase program. This authorization has no expiration date and is in addition to the 11 million... More
