Checks positive for Green Mountain, says Longbow

theflyonthewall.com

After conducting checks, Longbow reports that demand growth for Keurig brewers and K-Cups either held firm or accelerated through the end of the latest peak holiday season at most of the retailers contacted by the firm. The firm adds that private label single serve coffee offerings failed to gain traction at the retailers with whom it spoke, and it now has increased confidence in its above-consensus estimates for Green Mountain. The firm maintains a Buy rating on the stock.

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