Wells Fargo believes in Starbucks story

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX +0.9%) is lifted to an Outperform rating from Market Perform by Wells Fargo after the firm had a meet-and-greet with management.

Wells thinks digital initiatives and a new line of food products from Starbucks will be sales drivers.