date:Feb 09, 2014
d her price target range by $13 to a range of $87-$89.
Overall, we have more conviction that SBUX's increased focus and discipline will propel the company into a new era of faster growth and innovation, Herzog writes in a note to clients. Further, we continue to be impressed with: (1) SBUX's strong execution of multiple initiatives in the U.S., (2) its tremendous potential to become an international powerhouse, (3)its impressive loyalty programs and digital offerings, and (4) its long runway fo