Belus Capital cools on Starbucks

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Belus Capital Advisers downgrades Starbucks (SBUX) to a Hold rating from Buy on concerns the company could stumble just a bit in 2014.

Analyst Brian Sozzi thinks operational issues at stores have cropped up enough to cut into sales and efficiency.

The firm slashes its price target on the company to $75 from $90.