Starbucks' (SBUX) "Buy" Rating Reaffirmed at Oppenheimer

Traffic Jam       Starbucks's same-store sales growth in the U.S. has recently been driven by bigger checks              Source Bloomberg

Jacobi Capital Management LLC now owns 2,007 shares of the coffee company's stock valued at $116,000 after acquiring an additional 129 shares during the last quarter.

"Starbucks reported another quarter of record financial results in Q1 of fiscal 2018, with consolidated revenues up 6% over past year - up 7% excluding 1% for the impact of streamlining activities in the quarter". Tirschwell & Loewy Inc who had been investing in Starbucks for a number of months, seems to be bullish on the $82.27 billion market cap company.

Ford stock fell almost 4% yesterday as traders panned the company's mixed fourth-quarter report.

Telsey Advisory Group reiterated their outperform rating on shares of Starbucks (NASDAQ:SBUX) in a report issued on Friday, January 19th, Marketbeat reports.

Bridges Investment Counsel Inc decreased its stake in Starbucks Corp Com (SBUX) by 76.92% based on its latest 2017Q3 regulatory filing with the SEC.




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 equipments primarily through its company-operated retail stores.

Overall, Starbucks reported a profit of $2.2 billion, or $1.57 a share, compared with $751.8 million, or 51 cents a share, in the year-ago period. Arrowpoint Asset Management Llc who had been investing in Merit Med Sys Inc for a number of months, seems to be bullish on the $2.36B market cap company. About 2.18 million shares traded. Cross Country Healthcare, Inc. Paycom Software, Inc. (NYSE:PAYC) has risen 61.78% since January 27, 2017 and is uptrending. It has underperformed by 41.10% the S&P500.

Investors sentiment increased to 3 in 2017 Q3. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. CULVER JOHN had sold 64,776 shares worth $3.47 million. 131.39 million shares or 2.57% less from 134.86 million shares in 2017Q2 were reported. Ww Asset Management reported 0.02% of its portfolio in Teleflex Incorporated (NYSE:TFX). Aristotle Capital Boston Limited Liability Corp accumulated 0.97% or 762,200 shares. Foundry Prtnrs Ltd invested in 0.02% or 7,550 shares. The company operates in the Consumer Cyclical sector with a market capitalization of 85.91 Million. Panagora Asset Mngmt, Massachusetts-based fund reported 3,590 shares. Aqr Capital Management Llc invested in 500,609 shares or 0.01% of the stock. Any way you dice it, a dip below $59.29 a share would be very bad news for SBUX's technical picture in the near-term. Moreover, Blackrock has 0% invested in Plumas Bancorp (NASDAQ:PLBC) for 3,805 shares. Institutional investors and hedge funds own 70.76% of the company's stock. The Fiduciary Trust Company holds 120,729 shares with $6.48M value, down from 135,358 last quarter. Lenox Wealth Advisors holds 1,253 shares or 0.03% of its portfolio.

Based on McDonald's earnings multiple, Starbucks shares should be valued at roughly $63. Kings Point Cap Mgmt stated it has 1,910 shares. Robert W. Baird maintained Starbucks Corporation (NASDAQ:SBUX) on Tuesday, January 2 with "Buy" rating. Therefore 67% are positive. Starbucks Corporation had 86 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with "Hold" on Wednesday, January 17. Analysts have predicted that SBUX will grow it's earning at a 14.33% annual rate in the next 5 years. Craig Hallum maintained Merit Medical Systems, Inc. (NYSE:PAYC) has "Neutral" rating given on Wednesday, November 1 by JP Morgan. Wells Fargo maintained the stock with "Buy" rating in Wednesday, November 1 report. They issued a buy rating for the company. Nomura maintained the stock with "Buy" rating in Friday, October 27 report. Jefferies maintained the shares of SBUX in report on Friday, December 22 with "Buy" rating. The stock of Paycom Software, Inc. The firm earned "Hold" rating on Thursday, September 3 by Zacks.

As Starbucks Corporation (NASDAQ:SBUX) prepares to serve up a first quarter print for 2018, the Street will be waiting to see whether the caffeine giant's record-setting monster acquisition of purchasing the last half share of its East China business from long-term joint venture partners for $1.4 billion in cash will be worth the pay off.

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