Deutsche Bank is raising estimates on Starbucks (SBUX +0.8%) after gathering feedback on the...

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

Deutsche Bank is raising estimates on Starbucks (SBUX +0.8%) after gathering feedback on the launch of the company's lighter-roast coffee option called "Blonde." The firm found the results encouraging given Starbucks' limited marketing spend and ups its price target for the shares to $61 from $59.