Notable Upgrades: Starbucks Corporation (SBUX), Sierra Wireless Inc. (SWIR), Red Hat, Inc. (RHT), CryoLife Inc. (CRY)

Piper Jaffray names Starbucks Corporation (SBUX) as ‘Top Pick’ for 2015. The analysts reiterated their ‘Overweight’ rating with a $100 price target on the stock. SBUX shares are currently priced at 30.19x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.93x earnings multiple. The company’s current year and next year […] View the full post at: Notable Upgrades: Starbucks Corporation (SBUX), Sierra Wireless Inc. (SWIR), Red Hat, Inc. (RHT), CryoLife Inc. (CRY) Related posts: U.S. Federal Reserve Upgrades Economic Outlook CA: Great Value Play Caterpillar Inc. Downgraded to “Neutral” at BofA