Starbucks (SBUX) Estimate Raised at RBC Capital

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Piper Jaffray Recommends Buying Starbucks (SBUX) on Momentum and Valuation

September 11, 2015 7:36 AM EDT

Piper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and $63 price target on Starbucks (NASDAQ: SBUX) saying they are buyers considering momentum and valuation.

Regan commented, "Considering execution that yields solid momentum as well as valuation, we are buyers of SBUX... More