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Dunkin' Donuts is going after Starbucks' strong position in packaged coffee.
The quick-service giant will launch a line of bottled, branded coffee in partnership with Coca-Cola in early 2017.
A major disruption is brewing in the coffee industry and Starbucks should take notice, according to La Colombe CEO Todd Carmichael.
Starbucks (SBUX) stock price target was reduced at Wedbush on Wednesday as the firm maintains an 'outperform' rating.