Keurig Green Mountain upgraded to Buy from Hold at Argus Argus upgraded Keurig Green Mountain to Buy based on a solid revenue and earnings improvements for the rest of FY14 and through FY15. The analyst expects FY14 revenue growth of 10% as sales of K-Cups and brewers increase. Price target is $140.
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.