Wall Street applauded when Starbucks Corp. named Brian Niccol to head a rebound effort. Three months later, the cheers are fading as Redburn Atlantic tells investors to dump the coffee chain’s shares.

Shares of Starbucks Corp. ($SBUX) slipped nearly 1% on Wednesday morning after a bearish note from Redburn Atlantic appeared to have rattled some investors. The downgrade to ‘Sell’ from ‘Neutral’ came from analyst Edward Lewis,

Investing.com - Analysts at Redburn Atlantic have lowered their rating of Starbucks (NASDAQ:SBUX) to "Sell," arguing that the consensus outlook for the coffee chain does not "adequately reflect" the costs associated with the company's