NEW YORK (TheStreet) -- Shares of Keurig Green Mountain Inc (GMCR) are gaining, up 0.47% to $154.63 in early market trading Friday, after the company had its price target raised to $185 from $166 by analysts at Goldman Sachs this morning.
Goldman analysts said Keurig Cold has the potential to be a disruptive innovation, and could be higher than SodaStream's (SODA) 1% household penetration.
The firm said Keurig Cold penetration could reach 14%, adding an incremental profit of between $7.59 to $12.69 per share by 2020.
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Analysts at Goldman said that they believe Keurig has surpassed barriers of adoption through its partnership with beverage maker giant The Coca-Cola Co. (KO) .
Separately, TheStreet Ratings team rates KEURIG GREEN MOUNTAIN INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate KEURIG GREEN MOUNTAIN INC (GMCR) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."