$Starbucks(SBUX)$ in a rapidly changing coffee landscape, you get a fast food guy in as CEO? All his strategy so far doesn't have the essentials to attract more customers. With more local brands around the world popping up, and increasing number of boutique cafes that offer much better coffee and environment, I am betting Starbucks accelerate on its downwards spiral in revenue. The only short term reprieve is the cost reduction from cutting jobs, period. Target price 60.
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