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Re: bbotcs post# 142292

Friday, 03/09/2012 1:13:28 PM

Friday, March 09, 2012 1:13:28 PM

Post# of 173837
13:12 SBUX Starbucks target raised to $59 at Deutsche Bank (52.24 +1.87)

Deutsche Bank raises their SBUX tgt to $59 from $53 after the co announced that it is introducing a new, single-cup coffee machine called Verismo. This was somewhat surprising since almost 1 year ago to the day SBUX announced a multi-year partnership with Green Mountain Coffee Roasters (GMCR). Firm says this announcement speaks to the leverage that the SBUX brand has in the broader coffee market, and it is encouraging to see the company putting this leverage to work without putting significant company capital at risk.

Kurt Vonnegut wrote some great books and had a great philosophy of life:


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