Keurig Green Mountain estimates raised at SunTrust SunTrust increased its FY15 EPS estimate for Keurig Green Mountain to $3.92 from $3.70 after the company announced a 9% price increase effective November 3. The firm also found that Keurig 2.0 will be available August 25 for $129-$199. The firm reiterates a Neutral rating.
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.