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Enter Symbol:
 
Starbucks Corporation (SBUX) [hlAlert]

Rating:
Outperform
SBUX
up 51.13 %

Starbucks Corporation (SBUX) rated Outperform by Wells Fargo

Posted on: Friday,  Feb 7, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Starbucks Corporation (NASDAQ: SBUX) on 02/07/2014, when the stock price was $37.02. Since
then, Starbucks Corporation has gained 51.13% as of 10/30/2015's recent price of $55.95.
If you would have followed this Wells Fargo's recommendation on SBUX, you would have gained 51.13% of your investment in 630 days.

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment primarily through its company-operated retail stores. In addition to sales through our company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. The Company plans to continue to rapidly expand its retail operations, grow its specialty sales and other operations, and selectively pursue opportunities to leverage the Starbucks brand through the introduction of new products and the development of new distribution channels.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2014 8:25 AM Buy
None
37.02
as of 10/17/2014
1 Week down  -1.23 %
1 Month down  -2.38 %
3 Months down  -4.79 %
1 YTD down  -0.67 %

(*) Stock Price at the time of the recommendation.
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