Starbucks gets sell tag, Jefferies flags disconnect in rally
Jefferies downgraded Starbucks to 'Sell,' citing a stock rally disconnected from weak business performance and slow turnaround under CEO Brian Niccol. The firm kept a $76 target, 23% below current price. Most analysts remain neutral or bullish, betting on long-term recovery. The stock is up 22% from April lows but only 2% YTD amid margin and strategy concerns.