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Fly News Breaks for April 10, 2015
SBUX
Apr 10, 2015 | 07:12 EDT
Piper Jaffray raised its split-adjusted price target for shares of Starbucks to $55 from $53, implying 16% upside from current levels. Piper's five-year model suggests the company's earnings double. It reiterates an Overweight rating on the stock.