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Stock Market & Financial Investment News

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January 24, 2014
07:21 EDTSBUXStarbucks sales momentum can continue, says RBC Capital
After Starbucks reported higher than expected EPS but lower than expected revenue, RBC Capital thinks rewards redemptions and retail strength outside the American can enable the company's sales momentum to continue. The firm sees a number of positive catalysts that will boost the company's margins, and it keeps a $90 price target and Outperform rating on the shares.
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