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Benzinga
Benzinga
Business
Wayne Duggan

Coffee Prices Hit 10-Year Highs: What It Means For Starbucks Investors

Coffee prices recently hit the highest level in 10 years, but Bank of America analyst Sara Senatore said Monday that Starbucks Corporation (NASDAQ:SBUX) investors shouldn't sweat coffee inflation.

Hot Coffee: Coffee futures prices are hovering around $2.30 per pound, up about 90% from a year ago.

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