Seeking Alpha

Analysis: Rising coffee prices pose little short-term risk to Starbucks

  • Starbucks (SBUX) has almost no short-term risk to higher coffee prices, notes Piper Jaffray.
  • The company has its wholesale pricing locked in right up to Q1 of 2015.
  • Piper sees more upside for Starbucks. Shares are rated Overweight and tagged with a $90 price target.
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Comments (1)
  • jarco
    , contributor
    Comments (1573) | Send Message
     
    Nice to see someone else outside S/A is a believer.
    10 Mar, 06:01 PM Reply Like
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