-
Cowen Downgrades Starbucks Due In Part To Poor Sales Of Gift Cards, Craft Coffee
Friday, April 13, 2018 - 9:52am | 398Expectations for Starbucks Corporation (NASDAQ: SBUX) to show a rebound in its business has "diminished," which puts an end to the bullish case for owning the stock, according to Cowen. The Analyst Cowen's Andrew Charles downgraded Starbucks from Outperform to Market Perform with a...