Monster Beverage (MNST) PT Raised to $80 at Evercore ISI

Evercore ISI analyst Robert Ottenstein raised the price target on Monster Beverage (NASDAQ: MNST) to $80.00 (from $72.00) while maintaining a Outperform rating.

The analyst comments "MNST's strong results, promising Oct. sales, broad global commercial momentum, and pristine B/S further cement the stock's status as the premier large cap global growth story in our coverage. Looking to FY26, MNST expects continued category strength, underpinned by an improved value proposition vs. coffee, broader HH penetration, greater acceptance of energy drinks, confident pricing, and extensive innovation."

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