Lucy Nieves
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Lucy Nieves in Barbie Stocks,

Starbucks Tasting Very Bitter to Deutsche Bank

Deutsche Bank’s Brett Levy believes Starbucks Corporation SBUX's risk/reward profile is less favorable, given the elevated investor expectations for the near term, along with operational changes at the company and premium stock valuation.

The analyst downgraded the rating on the company from Buy to Hold, while lowering the price target from $70 to $64.