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Starbucks (SBUX) PT Maintained at $58 at Stifel on Acquisition of East China Stores; 'Should Help Fortify Competitive Position in China'
February 2, 2018 6:29 AM ESTStifel maintained its price target on Starbucks (NASDAQ: SBUX) at $58.00 while maintaining a Hold rating, following a model update to reflect the acquisition of East China stores.
Analyst Chris O'Cull notes the acquisition could decrease visibility into consensus margin expectations, even as... More
