Piper Jaffray Reiterates Bullish View on Starbucks (SBUX) Following Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Buy Starbucks (SBUX) Weakness, Say Deutsche Bank
January 22, 2016 9:04 AM ESTDeutsche Bank maintained a Buy rating on Starbucks (NASDAQ: SBUX) with a price target of $70. Shares ticked lower following the release of Q1 results. Karen Short noted that expectations were very high and urged investors to take advantage of any weakness in... More
Credit Suisse Keeps Starbucks (SBUX) at 'Neutral'; Tight Valuation Leaves Little Room for Error
January 22, 2016 8:44 AM ESTCredit Suisse reaffirmed Starbucks (Nasdaq: SBUX) with a Neutral rating and $61 price target following Q1 results.
The firm commented: Overall, Starbucks valuation leaves limited room for error. Our $61 PT assumes ~31x NTM P/E, above Starbucks's 5-yr avg. of ~25x, which gives... More
Starbucks (SBUX) Overcomes Retail Headwinds - RBC
January 22, 2016 8:23 AM ESTRBC Capital analyst, David Palmer, reiterated his Outperform rating and $68 price target on Starbucks (NASDAQ: SBUX) as the company beat EPS by a penny but future earnings upside is consumed by additional investment.
F1Q EPS was $0.46 (+15% YOY), ahead of our/cons. $0.45. Notably, Americas SSS growth was 9%, above cons. 7.7% but in line with the growth rate implied by our consumer panel analysis. CAP division SSS growth was 5% (RBCe 4%/ cons. 6.1%). EMEA SSS growth decelerated to 1%, as the region was... More
Starbucks' (SBUX) Initiatives Expected to Drive Strong Results; BTIG Affirms at 'Buy'
January 22, 2016 7:43 AM ESTBTIG reaffirms Starbucks (Nasdaq: SBUX) with a Buy rating and $75 price target after the company posted Q1 results on Thursday night.
Analyst Peter Saleh commented: We continue to be very impressed by the performance of the Starbucks system and believe mid-single digit comp growth is sustainable... More
