-- Written by Miriam Marcus Reimer in New York. >To contact the writer of this article, click here: Miriam Reimer. >To follow the writer on Twitter, go to @miriamsmarket.
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Starbucks (SBUX) stock price target was reduced at Wedbush on Wednesday as the firm maintains an 'outperform' rating.
Nike told the same rosy story as if all were well, and that rankled the bulls.
The stock has been trending lower -- a close below key support is anticipated.