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Enter Symbol:
Starbucks Corporation (SBUX) [hlAlert]

up 27.20 %

Starbucks Corporation (SBUX) rated Buy with price target $99 by Argus

Posted on: Monday,  Jan 26, 2015  8:25 AM ET by Argus

Argus rated Buy Starbucks Corporation (NASDAQ: SBUX) on 01/26/2015, when the stock price was $43.99. Since
then, Starbucks Corporation has gained 27.20% as of 10/30/2015's recent price of $55.95.
If you would have followed this Argus's recommendation on SBUX, you would have gained 27.2% of your investment in 277 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/26/2015 8:25 AM Buy
43.99 49.50
as of 8/27/2015
1 Week down  -2.18 %
1 Month up  3.38 %
3 Months up  10.66 %
1 YTD up  42.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2013 2:25 PM Buy
41.14 45.00
7/30/2013 8:25 AM Buy
36.42 42.00
7/9/2013 8:25 AM Buy
34.34 38.50
8/2/2012 9:25 AM Hold
4/10/2012 2:25 PM Buy
28.41 33.00
11/29/2010 2:25 PM Buy
15.24 19.50
1/21/2010 4:25 PM Buy
11.82 15.00
7/22/2009 9:40 AM Buy
8.36 10.00

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