Stock Insights: Susser, Monsanto, IMAX, Green Mountain June 12th
Susser Holdings Corporation (NASDAQ:SUSS): Benchmark Co. increased its target on Susser as the firm expects the company to benefit from falling fuel prices and increased miles driven. The firm maintains a Buy rating on the stock.
Monsanto Co. (NYSE:MON): Susquehanna said their meetings with Monsanto confirmed their view the company;s long-term guidance is conservative. The firm cited its robust breeding and biotech pipeline, favorable trends of adoption in its second generation corn and soy platforms, and further growth in Latin America. Shares are Positive rated with a $97 price target.
IMAX Corporation (NASDAQ:IMAX): After some on the Street suggested that IMAX could be threatened by a new Chinese product called DMAX, Roth Capital dismisses the concern. The firm thinks that DMAX offers nothing new, while IMAX continues to successfully recruit customers in China. Roth maintains a $40 target and Buy rating on IMAX.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): After Green Mountain (NASDAQ:GMCR) sold off due to competitive threats from Kroeger (NYSE:KR), Roth Capital doubts whether private label competitors will significantly reduce Green Mountain’s market share. The firm doesn’t expect consumers to abandon Green Mountain’s K-Cup brand in significant numbers and it maintains a $70 target and Buy rating on the shares.
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