Starbucks Receives “Buy” Rating from TheStreet (SBUX) (Zolmax)
TheStreet reiterated their buy rating on shares of Starbucks Corporation (NASDAQ:SBUX) in a research report sent to investors on Friday morning, StocKRatingsNetwork.com reports. “Starbucks Corporation (NASDAQ:SBUX) has been reiterated by TheStreet Ratings as a buy with a ratings score of A+. The company’s strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”,” the firm’s analyst wrote. Starbucks Corporation (NASDAQ:SBUX) traded down 0.19% on Friday, hitting $62.15. Starbucks has a 1-year low of $43.04 and a 1-year high of $61.15. The stock’s 50-day moving average is currently $57.73. The company has a market cap of $46.532 billion and a price-to-earnings ratio of 31.64.
Ex-Starbucks Worker Sues Over Disability Bias, Rape Jokes (Law360)
Coffee giant Starbucks Corporation (NASDAQ:SBUX) turned its back on a longtime worker with a medical condition that causes sudden fainting, leaving her to face derision due to her health as well as repeated sexual harassment before eventually firing her, according to a lawsuit filed Monday in Brooklyn, N.Y. Male employees at a Starbucks in Cobble Hill, Brooklyn, had a “game” in which in which they bent over and pinned women between their rear ends and a wall, a practice that was known as getting “ass raped,” and they openly referred to a dark, isolated storage space in the store’s basement as the “rape room,” ex-Starbucks employee Kari Smith claims.
Dunkin Brands Group Given New $43.00 Price Target at Miller Tabak (DNKN) (Zolmax)
Equities researchers at Miller Tabak raised their target price on shares of Dunkin Brands Group Inc (NASDAQ:DNKN) from $40.00 to $43.00 in a report issued on Wednesday, Analyst Ratings Network reports. The firm currently has a “hold” rating on the stock. Dunkin Brands Group Inc (NASDAQ:DNKN) opened at 41.15 on Wednesday. Dunkin Brands Group Inc (NASDAQ:DNKN) has a 52-week low of $27.93 and a 52-week high of $40.00. The stock’s 50-day moving average is currently $37.71. The company has a market cap of $4.451 billion and a price-to-earnings ratio of 43.78.
Dunkin’ Brands: Mobile is the center of marketing strategy (QSRWeb)
Dunkin Brands Group Inc (NASDAQ:DNKN)’ Donuts and Baskin-Robbins continue to get a lot of play out of traditional marketing channels — television, outdoor, radio and point of purchase — despite the staggering growth from digital channels. That said, however, mobile has emerged as the center of parent company Dunkin Brands Group Inc (NASDAQ:DNKN) marketing strategy, according to John Costello, president, Global Marketing and Innovation. Costello spoke about the mobile/digital initiatives, including a loyalty launch later this year, during today’s Investor Day in Boston.