Analysts: Green Mountain Prices Have Returned to Normal and 3 More Research Notes to Read
Green Mountain Coffee Roasters (NASDAQ:GMCR): Longbow’s recent survey indicates K-Cup demand was “modestly favorable” year-over-year at Wal-Mart (NYSE:WMT) compared to its April survey, which showed that K-Cup volumes accelerated due to the successful Snapple Iced Tea K-Cup launch. The firm notes that Green Mountain’s pricing returned back to normal rates for the first time since October, and has raised Green Mountain estimates to reflect higher K-Cup and brewer growth forecasts combined with coffee cost benefits. It rates the shares at Buy with a new price target of $94, up from $85.
VMware (NYSE:VMW): Oppenheimer believes that VMWare reported solid second-quarter results and provided solid guidance, and further believes that the company set the stage for a solid second half of the year. It keeps its Outperform rating on the shares.
Juniper (NYSE:JNPR): UBS has upgraded Juniper Networks to Buy from Neutral in the wake of its quarterly results based on the strong quarter, ongoing strength in edge routing, and expectations for a pick-up in ore routing later this year. The price target has also been raised to $25 from $18.
Domino’s Pizza (NYSE:DPZ): Following Domino’s post-results plunge of 6.5 percent on Tuesday, Oppenheimer thinks the company’s fundamentals are strong and believes that it retains sales momentum. The firm keeps an Outperform rating on the shares.
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