RBC Capital analyst Logan Reich initiates coverage on $Starbucks (SBUX.US)$ with a buy rating, and sets the target price at $115.
According to TipRanks data, the analyst has a success rate of 50.0% and a total average return of 3.4% over the past year.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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