Susquehanna Downgrades Keurig Green Mountain (GMCR) to Neutral
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Keurig (GMCR) Bull Not Ready to Throw in Towel
August 6, 2015 11:46 AM EDTKeurig Green Mountain (NASDAQ: GMCR) bull analyst Akshay S. Jagdale of KeyBanc hasn't given up on the stock yet, despite soft results and guidance that lead to a 29% drop and shares and prompted other firms to downgrade the stock. Jagdale reiterated his over Overweight rating on Keurig but lowered his price target to $100.00 (from... More
UPDATE: Canaccord Genuity Downgrades Keurig Green Mountain (GMCR) to Hold
August 6, 2015 6:37 AM EDT(Updated - August 6, 2015 9:05 AM EDT)
Canaccord Genuity downgraded Keurig Green Mountain (NASDAQ: GMCR) from Buy to Hold with a price target of $65.00 (from $120.00). The downgrade follows disappointing Q3 results and guidance. Analyst Scott Van Winkle said he can't recommend buying the stock until either the "KOLD launch risk runs its course or K-cup risk moderates."
"Brewer declines since the 2.0 launch are well documented and actually likely to moderate. But, in a year of continued... More
Morgan Stanley Downgrades Keurig Green Mountain (GMCR) to Equalweight
August 6, 2015 6:36 AM EDTMorgan Stanley downgraded Keurig Green Mountain (NASDAQ: GMCR) from Overweight to Equalweight with a price target of $60.00 (from $110.00).
For an analyst ratings summary and ratings history on Keurig Green Mountain click here. For more ratings news on Keurig Green Mountain click here.
Shares of Keurig Green Mountain closed at $74.98 yesterday.
... MoreKeurig Green Mountain (GMCR) Tops Q3 EPS by 1c, Q4 EPS Guidance Falls Short
August 5, 2015 4:02 PM EDTKeurig Green Mountain (NASDAQ: GMCR) reported Q3 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $970 million versus the consensus estimate of $1.04 billion.
Fourth Quarter 2015
Net sales growth decline of low-teens compared to the fourth quarter of fiscal year... More