08-10-2017 20:30 via feedproxy.google.com

MORGAN STANLEY: These niche coffee chains could be the next Starbucks (SBUX)

Morgan Stanley on Wednesday said that Starbucks' stranglehold on the high-end coffee market is here to stay, despite some big names getting into the business.
"Given the increasing importance of super premium chains to the category, investors--both public and private--are paying closer attention," analyst John Glass said in a note.
"Many of the high profile artisanal 'Third Wave' coffee brands have yet to develop significant footprints relative to Starbucks, and most highlighted here are highly
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