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Fly News Breaks for December 8, 2016
SBUX
Dec 8, 2016 | 06:15 EDT
Piper Jaffray analyst Nicole Miller Regan reiterates an Overweight rating and $64 price target on Starbucks following the company's analyst day. Underlying core business momentum continues alongside a "very robust and innovative" pipeline, Regan tells investors in a research note. She notes that her channel checks suggest a positive 4.0% Americas same-store sales estimate is achievable.
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