Gordon Haskett analyst Jeff Farmer sees drivers in place for Starbucks to maintain both U.S. and China sales momentum. When the company reports fiscal Q1 results on January 28, the analyst is looking for earnings per share of 78c, 2c ahead of consensus, and 5% global same-store-sales, above the 4.4% Street estimate. However, Starbucks must continue to deliver on the "step-change" in SSS growth, or even see a modest acceleration, to maintain the stock's "healthy valuation premium," Farmer tells investors in a pre-earnings research note. The analyst maintains a Hold rating on the shares with a $96 price target.