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Piper Jaffray reiterated its Overweight rating on Green Mountain Coffee
GMCR. At the same time, the rating agency raised its price target on the company's stock from $95 to $117. On Wednesday, GMCR lost 4.29% of its value to finish the day at $88.11. Its shares are making a breath-taking rebound in today's pre-market trading, surging 18.05% to stand around $104.01.
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Posted In: Price TargetReiterationAnalyst RatingsConsumer StaplesPackaged Foods & MeatsPiper Jaffray
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