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Analysts are starting to warm back up to Starbucks (SBUX +2.2%) after shares retreating back off from its +$60 trading heights. Piper Jaffray's Nicole Regan Miller sees current EPS estimates as too low based on the company's ability to buy coffee at lower costs in the future, while UBS' David Palmer thinks Starbucks is in line for another seasonal bounce this summer and finds valuation enticing given its growth track.
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