Analysts: Green Mountain Coffee K-Cup Share Increases and 3 More Research Notes to Read
Green Mountain Coffee Roasters (NASDAQ:GMCR): Green Mountain’s Nielsen data improved to 50.8 percent from 49.4 percent last period, and K-Cup growth accelerated to 15.7 percent from 11.3 percent, according to Goldman Sachs. The firm notes that price growth for the overall category continues to decline due to increased competitiveness, which will likely continue.
Taiwan Semiconductor Manufacturing Corp. (NYSE:TSM): Deutsche Bank views both weakness in shares of TSMC following the company’s second quarter results and a weaker-than-expected third quarter outlook as a buying opportunity, as the shortfall is related to lower-than-expected smartphone demand. The firm says its positive view on shares is supported by management’s guidance of a 20nm sales portion and continuous price hikes. The firm keeps a Buy rating on the shares.
Celgene (NASDAQ:CELG): Citigroup believes that Celgene’s ORIGIN study failure is a “minor setback,” and says it will have no impact on the company’s 2017 guidance. The firm notes that consensus expectations for the sales in the study were very low, and it keeps a Buy rating on the shares.
eBay (NASDAQ:EBAY): Following eBay’s in-line results, and guidance that B. Riley views as being light, the firm expects the online company’s initiative and the increasing popularity of online shopping to cause the stock to rise. The firm keeps a $65 price target and a Buy rating on the shares.
Investing Insights: Where Will J.C. Penney Stock Go Next?