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Fly News Breaks for July 6, 2015
GMCR
Jul 6, 2015 | 07:18 EDT
SunTrust reduced its price target on Keurig Green Mountain as the firm thinks that the company "must address" the market share losses of its brands "sooner rather than later." The firm expects the company to implement price discounts, putting pressure on its earnings. SunTrust expects the stock to continue to be under pressure until the company provides a more realistic earnings forecast. It keeps a Neutral rating on the shares.
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