Green Mountain says cash exceeds debt in company Aims to approve amendment to change company's name to Keurig Green Mountain Inc. Says Keurig brand represents 90% of the company's revenue. Says can continue to generate free cash flow on a regular basis. Says future of company is even brighter than in the past. Comments made during the company's annual shareholder meeting
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.