Exclusive data on Starbucks collected by TD Cowen “suggests deteriorating value perceptions and narrowing quality perceptions ...

Wall Street’s expectations for Starbucks might be too optimistic, TD Cowen analyst Andrew Charles says. He downgraded Starbucks stock to Hold from Buy, but maintained a target of $90 for the price.

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