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Fly News Breaks for July 24, 2015
SBUX
Jul 24, 2015 | 09:18 EDT
BMO Capital hiked its price target on Starbucks after the company reported higher than expected EPS. The firm thinks that a number of the company's initiatives are beginning to bear fruit. The firm believes that the outlook for the company's U.S. business has improved, and it believes that the bull thesis on the name should gain momentum. It keeps an Outperform rating.