Information Provided By:
Fly News Breaks for March 19, 2015
SBUX
Mar 19, 2015 | 07:43 EDT
Wells Fargo is increasingly optimistic that Starbucks has the right strategy to drive sustainable and ongoing growth. The firm thinks that the company's many growth initiatives should enable its growth to continue to accelerate, while the company appears to be undervalued at current levels. It raised its valuation range on the shares to $109-$111 from $94-$96 and reiterates an Outperform rating.
News For SBUX From the Last 2 Days
SBUX
SBUX
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.