Keurig Green Mountain (GMCR) Misses Q1 EPS by 1c, Revenue Light, Offers Guidance
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Go back to Keurig Green Mountain (GMCR) Misses Q1 EPS by 1c, Revenue Light, Offers Guidance
February 5, 2015 11:43 AM EST
UBS maintained a Buy rating on Keurig Green Mountain (NASDAQ: GMCR) and lowered its price target to $168.00 (from $182.00). The change follows soft Q1 results. Despite poor holiday results, analyst tephen Powers remains positive on the stock.
"Brewer volumes (-12%) were the main source of disappointment, which GMCR attributed to the Dec. MINI Plus recall (400K... More
February 5, 2015 9:20 AM EST
Goldman Sachs maintained a Buy rating on Keurig Green Mountain (NASDAQ: GMCR) but lowered its price target to $166.00 (from $181.00). The stock declined after it reported Q1 results and guidance. Analyst Judy E. Hong remains bullish long term.
"Stock is likely to be choppy near term given the 1Q shortfall and lower 2Q guidance," said Hong. "While we admit it may require patience, we see... More
