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March 10, 2014
07:28 EDTSBUXStarbucks coffee prices locked for four quarters, says Piper Jaffray
Piper Jaffray sees "virtually no risk" to Starbucks from higher coffee prices as the company is locked for the next four quarters, through Q1 of 2015. Piper says Starbucks remains a top pick despite coffee price concerns and it keeps an Overweight rating on the stock with a $90 price target.
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