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

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.
Comments (4)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Yeah, OK.

     

    SBUX is up 0.7% today.

     

    This is another case of the the analysts following the stock down.

     

    When they downgrade, it's time to buy.

     

    There is nothing wrong with SBUX.
    2 Aug 2012, 10:13 AM Reply Like
  • Christopher Cowan
    , contributor
    Comments (150) | Send Message
     
    Get in at 44 while u can!
    2 Aug 2012, 10:37 AM Reply Like
  • jackooo
    , contributor
    Comments (1535) | Send Message
     
    SBUX has dropped over 14 points in the last week. NOW Argus downgrades it.
    What a great call, NOT!!
    Are those guys at Argus getting paid for this call??
    2 Aug 2012, 01:17 PM Reply Like
  • ebeuu
    , contributor
    Comments (368) | Send Message
     
    Personally, sold my positions in SBUX when FB hit the skids; thus have no position in SBUX, anymore.
    2 Aug 2012, 01:31 PM Reply Like
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