Starbucks Coffee (SBUX) Reports In-Line Q4 EPS, Guides FY16 EPS In-Line

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Starbucks (SBUX) PT Raised to $68 at RBC Capital

October 30, 2015 8:29 AM EDT

RBC Capital analyst David Palmer reiterated an Outperform rating and boosted its price target on Starbucks (NASDAQ: SBUX) to $68.00 (from $64.00) based on our view that long-term sustainability of growth is increasing with investments in sales momentum.

Palmer comments, "Rarity of growth is becoming more striking, but so is the valuation: As we enter calendar 4Q, there have been many retail and restaurant chains with choppy recent... More

Starbucks (SBUX) PT Raised to $72 at Piper Jaffray Amid Strong Q4

October 30, 2015 7:15 AM EDT

Piper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and boosted her price target on Starbucks (NASDAQ: SBUX) to $72.00 (from $63.00).

Regan commented, "On the heels of another record-setting Starbucks performance, we reiterate SBUX shares as a top pick for the year.... More