Starbucks (SBUX) Downgraded by Jefferies, Shares Dip

7 days ago

Jefferies has downgraded Starbucks (SBUX, Financial) from a "Hold" rating to "Underperform." Following this change, Starbucks' stock declined by 1.6% in pre-market trading. The downgrade reflects concerns about the company's future growth prospects and market performance.

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