Starbucks is downgraded by TD Cowen on profit concerns

Starbucks coffeehouse chain. Starbucks has coffee locations in over 80 countries.

TD Cowen lowered its rating on Starbucks Corporation (NASDAQ:SBUX) to Hold from Buy as it lowered profit expectations for the coffee chain operator.

Analyst Andrew Charles and his team think Starbucks (NASDAQ:SBUX) will settle into a 2026-2028 EPS base

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