Loading...
Loading...
A research note from Canaccord Genuity says that a deal between Starbucks
SBUX and Green Mountain Coffee Roasters
GMCR is inevitable.
This morning shares of Green Mountain are down on
news that the company is considering entering the single cup coffee market.
Canaccord Genuity says that after the deal with Kraft
KFT ends on March 1, the investment bank believes a deal between Starbucks and Green Mountain is inevitable.
Canaccord suspects a deal could come out of the new Keurig brewer technology that is going to be tested.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in