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Strategies & Market Trends : The New Economy and its Winners

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To: Doren who wrote (50262)	6/29/2009 2:15:26 PM
From: Bill Harmond	Read Replies (1) of 57684

11:55 GMCR Green Mtn Coffee initiated with a Buy at Dougherty & Company; tgt $70 (58.72 +2.64) Dougherty & Company initiates GMCR with a Buy and tgt of $70 as the firm believes that adoption of single-cup brewing is in its early stages and has been validated by GMCR's distribution agreement with Wal-Mart and licensing agreements with Mr. Coffee and Cuisinart. Additionally, the firm believes that GMCR's market leading Keurig brewing system is well positioned to dominate as the single-cup market matures.

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