Volume Spike Investor

Starbucks Corp. (Nasdaq: SBUX) shares are up about 2% on fairly strong premarket volumes after analysts at Robert Baird upgraded the shares to an Outperform rating, raising their price target to $17 from $15. Analysts noted that industry traffic has improved over the past three months and that the company continues to make cost cuts.

E-Trade Financial (Nasdaq: ETFC) shares are up about 8% on strong early premarket volume after the stock was upgraded to an Outperform rating at FBR Capital, with a $2 stock target. Mortgage-related losses may remain a problem for the company, but analysts said the wost may be over for E-Trade, now that it has nearly $2 bln of new capital as of last week. — Mike Tarsala