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Starbucks is a buy at BofA with margin concerns called overdone

May 26, 2022 11:29 AM ETStarbucks Corporation (SBUX) StockBy: Clark Schultz, SA News Editor10 Comments

Starbucks Coffee Shop Branding Logo With No People

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Bank of America thinks the concerns of margins degrading at Starbucks Corporation (NASDAQ:SBUX +1.9%) amid labor inflation and the unionization push are overdone.

The firm reiterated a Buy rating on SBUX, noting the coffee chain

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