Keurig Green Mountain downgraded at Roth Capital As previously reported, Roth Capital downgraded Keurig Green Mountain to Neutral from Buy. The analyst believes recent share strength reflects management's mid-teens growth outlook and that a potential acquisition by Coca-Cola (KO) acquisition is unlikely any time soon. Price target is $120.
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.