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Fly News Breaks for July 26, 2016
SBUX
Jul 26, 2016 | 06:58 EDT
Goldman Sachs analyst Karen Holthouse upgraded Starbucks to Conviction Buy on expectations the coffee giant's comps can re-accelerate into Q4. The analyst views the stock's current valuation as favorable relative to the S&P 500. She keeps a $69 price target for Starbucks. The stock closed yesterday up 5c to $57.95.
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