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Cheng Xin

According to analysts, Starbucks shares have been downgraded as the turnaround will take more time

According to Jefferies analyst Andy Barish, Starbucks (SBUX) will need time to “brew a fresh pot.” On Tuesday, before the market opened, Barish downgraded the coffee giant’s shares to “underperform” and lowered his price target to $76. He cited “a…