Starbucks price target raised to $115 from $105 at Stifel

Stifel analyst Chris O’Cull raised the firm’s price target on Starbucks (SBUX) to $115 from $105 and keeps a Buy rating on the shares ahead of the company’s report due April 28 after-market. The firm expects Starbucks to report earnings at least in line with the Street mean EPS estimate of 42c, says the analyst, who believes domestic sales trends have been “solid” based on a review of mobile location data.