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Pro Analysis

Wall Street says buy the Starbucks dip on Schultz's exit

A Starbucks location at the John Wayne Airport in Santa Ana, California.
Scott Mlyn | CNBC
A Starbucks location at the John Wayne Airport in Santa Ana, California.

Wall Street analysts on Friday advised clients to hold on to their Starbucks shares even as the stock dropped on news that founder and CEO Howard Schultz would step down and yield the role to Kevin Johnson, the current president and chief operating officer.

Below are the key views from some of Wall Street's biggest investment firms: