Showing posts with label Peet's. Show all posts
Showing posts with label Peet's. Show all posts

Monday, August 8, 2011

BofA (BAC) (CMA) (DNR) (DSX) (PEET) (WMS) Downgraded

Bank of America (NYSE: BAC), Comerica (NYSE: CMA), Denbury Resources Inc. (NYSE: DNR), Diana Shipping Inc. (NYSE: DSX), Peet's Coffee & Tea Inc (NASDAQ: PEET) and WMS Industries Inc. (NYSE: WMS) were downgraded by analysts.

Bank of America (BAC) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

Comerica (CMA) was downgraded by Wells Fargo & Co. from an “Outperform” rating to a “Market Perform” rating.

Denbury Resources Inc. (DNR) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Diana Shipping Inc. (DSX) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $8.50 on the company, down from $14.00.

Peets Coffee & Tea Inc. (PEET) was downgraded by Gabelli from a “Buy” rating to a “Hold” rating.

WMS Industries Inc. (WMS) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

Tuesday, April 26, 2011

Volterra (VLTR) (PEET) (PLXT) TXN) Downgraded on April 26

Shares of Volterra Semi (NASDAQ: VLTR), Peet S Coffee & Tea Inc (NASDAQ: PEET), PLX Technology Inc (NASDAQ: PLXT) and Texas Instruments (NYSE: TXN) were all downgraded on April 26 by several brokerages.

Robert W. Baird downgraded Peet S Coffee & Tea Inc (PEET) from an “Outperform” rating to a “Neutral” rating. They have a price target of $48.00 on Peet S Coffee & Tea Inc, down from the prior $53.

Northland Securities downgraded PLX Technology Inc (PLXT) from an “Outperform” rating to a “Market Perform” rating. They have a price target of $4.00 on PLX Technology, down from the previous $5.

BNP Paribas downgraded Texas Instruments (TXN) from an “Outperform” rating to a “Neutral” rating.

Brigantine downgraded Volterra Semi (VLTR) from a “Buy” rating to a “Hold” rating.

Thursday, March 10, 2011

Green Mountain (GMCR), Starbucks (SBUX) Shares Soar on K-Cup Deal

Shares of Green Mountain (NASDAQ:GMCR) and Starbucks (NASDAQ:SBUX) are surging today on news the two companies consummated their deal to offer Starbucks coffee and its Tazo tea in Keurig’s K-Cup portion packs.

Starbucks rival Peet’s Coffee & Tea (NASDAQ:PEET), on the other hand, was getting crushed, as realization there was very little likelihood the company will be able to make a K-Cup deal with Green Mountain.

The deal was partially pursued on the part of Starbucks in order to expand its reach in the fast-growing single-cup coffee market and increase distribution.

Peet's was trading at $42.67, down $5.38, or 11.20 percent, as of 12:41 PM EST. Starbucks was trading at $37.60, gaining $3.06, or 8.86 percent. Green Mountain was at $60.50, soaring $16.86, or 38.63 percent.