Green Mountain breaks out above its 10-day moving average, levels to watch The shares are up over 6.8% on no apparent new developments today. Dougherty had upgraded the stock on Friday to Buy, with a $35 price target, citing strong demand and slowing competition. Resistance is now at $26.62, and then at $27.60, a recent pivot high. Support is at $25.95.
Keurig Green Mountain price target lowered to $95 from $117 at BofA/Merrill BofA/Merrill lowered Neutral rated Keurig Green Mountain's price target to $95 from $117 and lowered estimates to reflect 2016 spending and slower hot platform growth. The firm expects 2016 to be a significant investment year and lowered its hot brewer expectations due to a muted consumer reception for second generation brewers.