Green Mountain Coffee Roasters (NASDAQ:GMCR): Longbow’s October Keurig survey indicates that its pricing is largely intact with healthy K-Cup demand at bulk retailers. The firm raised its Green Mountain estimates to better reflect favorable coffee costs and maintains its Buy rating.
Abbott (NYSE:ABT): Stifel reduced its price target on Abbott to $40 from $44 due to recent recalls of pediatric nutritional products. The firm also lowered its estimates for Abbott but thinks the disruption caused by the recalls will be temporary, and it keeps a Buy rating on the shares.
Hess Corp. (NYSE:HES): Bank of America Merrill Lynch has increased confidence in Hess’s transition to a pure play exploration and production company following recent management meetings and expects management to raise expectations toward the year’s end, given strong third-quarter Bakken performance and updated potential disposals. The shares are Buy rated with a $115 price target.
Coca-Cola Co. (NYSE:KO): Buckingham reduced its price target on Coca-Cola to $43 from $47, citing deterioration in demand for the company’s products in the U.S. However, the firm thinks that the bad news is mostly priced into the stock, and it keeps a Buy rating on the shares.