Argus downgrades Starbucks (SBUX) to Hold on a valuation call. A growing number of analysts call...

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

Argus downgrades Starbucks (SBUX) to Hold on a valuation call. A growing number of analysts call the stock "pricey" despite the recent 15% drop following FQ3 earnings. The question on whether or not the U.S. coffee market is completely oversaturated is starting to get some run. SBUX +0.2% premarket.