Starbucks Reports Record Q3 Financial and Operating Results

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Go back to Starbucks Reports Record Q3 Financial and Operating Results

Nomura Maintains Bullish View on Starbucks (SBUX) Post Q3

July 22, 2016 8:34 AM EDT

Nomura Securities analyst Mark Kalinowski reiterated a Buy rating and $70 price target on Starbucks (NASDAQ: SBUX) following Q3 results.

Kalinowski commented, "After Thursday's market close, Starbucks (SBUX; Buy) reported adjusted fiscal Q3 EPS of $0.49, matching our $0.49 estimate and the Consensus Metrix number... More

Jefferies Cuts Price Target on Starbucks Coffee (SBUX) Following In-Line Quarter

July 22, 2016 8:18 AM EDT

Jefferies maintained a Buy rating on Starbucks Coffee (NASDAQ: SBUX), and cut the price target to $65.00 (from $70.00) following the company's 3Q earnings report. SBUX reported an in-line EPS. Management maintained 2016 EPS guidance.

Analyst Andy Barish commented, "SBUX eked out an... More

RBC Capital Reiterates Outperform on Starbucks Coffee (SBUX) After Trimming Estimates

July 22, 2016 7:22 AM EDT

RBC Capital reiterated an Outperform rating and $68.00 price target on Starbucks Coffee (NASDAQ: SBUX) following the company's 3Q. Estimates were cut to account for labor investments and a slowing tailwind from input costs.

Analyst David Palmer commented, "We are maintaining... More