Credit Suisse Keeps Starbucks (SBUX) at 'Neutral'; Tight Valuation Leaves Little Room for Error

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Buy Starbucks (SBUX) Weakness, Say Deutsche Bank

January 22, 2016 9:04 AM EST

Deutsche Bank maintained a Buy rating on Starbucks (NASDAQ: SBUX) with a price target of $70. Shares ticked lower following the release of Q1 results. Karen Short noted that expectations were very high and urged investors to take advantage of any weakness in... More

Starbucks (SBUX) Overcomes Retail Headwinds - RBC

January 22, 2016 8:23 AM EST

RBC Capital analyst, David Palmer, reiterated his Outperform rating and $68 price target on Starbucks (NASDAQ: SBUX) as the company beat EPS by a penny but future earnings upside is consumed by additional investment.

F1Q EPS was $0.46 (+15% YOY), ahead of our/cons. $0.45. Notably, Americas SSS growth was 9%, above cons. 7.7% but in line with the growth rate implied by our consumer panel analysis. CAP division SSS growth was 5% (RBCe 4%/ cons. 6.1%). EMEA SSS growth decelerated to 1%, as the region was... More

Piper Jaffray Reiterates Bullish View on Starbucks (SBUX) Following Results

January 22, 2016 8:04 AM EST

Piper Jaffray analyst, Nicole Miller Regan, reiterated her Overweight rating and $72 PT after Starbucks Starbucks (NASDAQ: SBUX) reported earnings that beat consensus by a penny and shares fell 5% in the aftermarket.

Total revenues increased ~12% to $5.4 billion, based on strong traffic driven same-store sales... More