Starbucks Corp (SBUX) Reports In-Line Q2 EPS; Reaffirms FY Outlook

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Starbucks (SBUX) Q1 Shows 'Momentum on All Fronts' - RBC Capital

April 25, 2014 8:23 AM EDT

RBC Capital analyst David Palmer reiterated an Outperform rating and $88 price target on Starbucks (NASDAQ: SBUX) following Q1 results which showed 'momentum on all fronts.'

Palmer commented, "We are raising our FY14 and FY15 EPS estimates from $2.68 and $3.18 to $2.69 (+19% YOY) and $3.19 (+19% YOY), respectively, to... More