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UBS Downgrades Starbucks to ‘Neutral’ from ‘Buy’

Ralph Nathan
UBS Downgrades Starbucks to ‘Neutral’ from ‘Buy’

UBS Downgrades Starbucks to 'Neutral' from 'Buy'Starbucks’s downgradeToday, UBS downgraded Starbucks (SBUX) from “buy” to “neutral,” but raised its 12-month price target to $78 from $72. The new price target implies a rise of 4.0% from