Starbucks Reports Record Q2 Financial and Operating Results; EPS Up 18% to a Q2 Record $0.39 Per Share
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Jefferies Remains Bullish on Starbucks Coffee (SBUX) Following 2Q
April 22, 2016 8:17 AM EDTJefferies reiterated a Buy rating and $70.00 price target on Starbucks Coffee (NASDAQ: SBUX) following the company's 2Q earnings report. Results were reported in-line with consensus estimates at $0.39 EPS and $5B in revenue.
Analyst Andy Barish commented, "SBUX continues to demonstrate solid, predictable... More
RBC Capital Remains Bullish on Starbucks Coffee (SBUX) Following In-Line 2Q Results
April 22, 2016 7:39 AM EDTRBC Capital reiterated an Outperform rating and $68.00 price target on Starbucks Coffee (NASDAQ: SBUX) following the company's 2Q earnings report. EPS was $0.39, in-line with the Street's estimate. Despite lower sales growth outside the Americas segment, profit growth across the company's major segments was also... More
Starbucks (SBUX) Remains Top Pick - Piper Jaffray
April 22, 2016 6:54 AM EDTPiper Jaffray analyst, Nicole Miller Regan, reiterated her Overweight rating and $72 PT as Starbucks (NASDAQ: SBUX) reported fiscal 2Q16 results driven by a global comp of +6.0% (2.0% transaction growth). Her investment thesis is based on proven global brand equity and an accelerating asset-light growth... More
