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