Fly News Breaks for July 24, 2015
SBUX
Jul 24, 2015 | 07:09 EDT
UBS noted Starbucks Q3 results were driven by multiple factors, including Mobile Order and Pay, that exceeded internal expectations. The firm also was impressed by America's comps and traffic and expects continued earnings growth and sales momentum. UBS reiterated its Buy rating and raised its price target to $63 from $57 on Starbucks shares.
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