Starbucks (SBUX) reports surpassing more than 5,000 stores in China, here to discuss this is Nick Setyan, Managing Director of Restaurant Equity Research at Wedbush Securities. He talks about the FOMC announcement happening today at 2pm ET, as well as Starbucks’ earnings. Wedbush maintains an outperform rating on Starbucks with a $132 price target. He also mentions McDonald’s (MCD) earnings. Tune in to find out more.
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