In Friday’s Analysts’ Actions, TheStreet highlights a rating cut on Keurig Green Mountain (GMCR) as well as a couple of downgrades on Williams-Sonoma (WSM) and Mondelez International (MDLZ). Analysts at UBS downgraded shares of Keurig Green Mountain to NEUTRAL from BUY with a lower price target of $84. The firm cited execution issues on three fronts for the lower rating. Analysts at Oppenheimer issued a positive note on home goods retailer Williams-Sonoma. The firm upgrade the company to OUTPERFORM from PERFORM with a price Target of $90. Oppenheimer pointed to the recent upticks in home sales and household formation. Also, Mondelez International was upgraded by analysts at BMO Capital to OUTPERFORM from MARKET PERFORM. The firm issued a $47 price target on shares of the packaged foods company. TheStreet’s Kurumi Fukushima reports in New York.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
