Sure, the broader U.S. market came back Friday after Thursday's losses.
But, some new info came out some important stocks.
Starbucks Corp. (SBUX) - Get Starbucks Corporation Report might have been conservative on issuing to the market its expectations for growth. Morgan Stanley analysts hosted the Starbucks chief financial officer, Pat Grismer, in Boston on Thursday, Feb. 21.
The takeaway? Starbucks' 7% to 9% long-term sales growth, and 10% earnings-per-share might be a conservative estimate.
"Long-term targets outlined at investor day (7-9% revenue growth, 17-18% operating margin, 10%+ EPS growth) feel more conservative to us following meetings," the analysts wrote in a note out Friday.
Starbucks' U.S. business is improving (that was clear in the latest earnings report), but that may continue going forward, as Morgan Stanley pointed out the afternoon promotions are positioned to spur solid foot traffic growth.
Bad news for these guys.
fell 27% to $34.95 a share Friday after a di
. Tons of analysis on Kraft-Heinz,