The competitive landscape within the retail coffee business is certainly set to intensify after JAB Holdings, the parent company of multiple coffee brands, acquired Panera Bread to build its retail presence across the U.S. Despite the competitive landscape, analysts at Deutsche Bank still see Starbucks Corporation as a notable standout in the space.Deutsche Bank's Brett Levy upgraded Starbucks' stock rating from Hold to Buy with a price target raised from $59 to $60, as the company has been "putting pieces in place to right its ship." Specifically, after a rough year which even included periods of turmoil, management has now shown same-store sales improvements in the U.S., refocused its operations and given the Street reason to now be optimistic.Source