Starbucks will be the next US brand to warn of China trouble after Apple, Goldman Sachs says (CNBC)

KEY POINTS

• Goldman Sachs downgrades Starbucks to neutral from buy, citing China concerns.
• The firm also lowered its price target on Starbucks to $68 from $75.
• Goldman also downgrade Yum Brands to sell.

Source

https://www.cnbc.com/2019/01/11/goldman-starbucks-will-be-next-us-brand-to-warn-of-china-trouble.html

Submitted January 11, 2019 at 10:38PM by markyu007 http://bit.ly/2ARR21h