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Fly News Breaks for September 21, 2016
SBUX
Sep 21, 2016 | 07:48 EDT
Longbow analyst Alton Stump initiated Starbucks with a Buy and a a $71 price target. The analyst expects Starbucks comp slowdown in the America's segment during Q3 to rebound over the next 3-6 months as customers adapt to the new loyalty program and views the recent weakness in shares as an attractive entry point.
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