Piper Jaffray Boosts Price Target on Starbucks: What It Means for Mutual Fund Investors (SBUX)

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Piper Jaffray Boosts Price Target on Starbucks: What It Means for Mutual Fund Investors (SBUX)

Shauna O'Brien Dec 23, 2014



Inside the Analyst Move


According to the analyst, “Starbucks remains an elite global consumer brand with highly attractive core business fundamentals that allow for substantial future growth opportunities across its portfolio. From a stock perspective, SBUX shares are favorably positioned within our “Next Layer” theme work whereby we identify the perfect “recipe” for a restaurant stock as one that combines Brand Equity + Asset-Light Growth + High Margin Licensed Sales. Further, the company’s strong cash flow generation support continued reinvestment into the business and an ongoing commitment to capital allocation.”


Fairly Valued Stock with Low Competition



Mutual Funds to Watch



The Bottom Line


Shares of SBUX are up 4% YTD.

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