after cc pssible downgrade
What price should i cover?
Downgrade on what? This company managed to pull increasing margins despite the overall economy. With coffee bean prices going down, their profit will sure increase. They are also just starting to get into India. I think we will trade $60-$65.
Possible upgrade as well
I agree an upgrade is possible, SBUX is raising it's price target so that is a positive. The guidance can't be that bad if price target is raised and the revenue miss was a very small miss.