- Keurig Green Mountain (GMCR -1%) is an underappreciated growth story, according to a bullish note from Goldman Sachs.
- Though the investment firm sees some "choppy trading" on the name, it's optimistic the Hot platform and Keurig Kold can be disruptive.
- Keurig has 12 new markets where it can strike significant market share gains and can add established Western Europe markets such as France, Italy, and Germany down the road where even a 5% market share brings in hundreds of millions in sales.
- Goldman Sachs has a one-year price target of $160 on Buy-rated GMCR (30X near term P/E) vs. the 52-week trading range of $90.08 to $158.87.