Green Mountain gaps up after appointment of Brian Kelley as CEO The shares last traded up at $30.51 against a close of $27.31 after the company the appointment of Brian Kelley as President and CEO, effective December 3rd. Resistance is currently at $31.46, and then $32.59. Support is at $29.64.
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.