Starbucks (SBUX) Announces Series of Employee Offerings on Wage and Benefits Following Tax Law Changes

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Go back to Starbucks (SBUX) Announces Series of Employee Offerings on Wage and Benefits Following Tax Law Changes

Piper Jaffray Remains Bullish on Starbucks Coffee (SBUX) Following 1Q Release

January 26, 2018 7:07 AM EST

Piper Jaffray reiterated an Overweight rating and $70.00 price target on Starbucks Coffee (NASDAQ: SBUX) following the company's 1Q earnings report. Results included operating earnings of $0.65 per share (vs. consensus at $0.57) driven in part by total revenues of $6.0 billion (vs. consensus at ~$6.19 billion).

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