Monster Beverage (MNST) PT Raised to $68 at Cowen
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Price: $45.52 -2.78%
Rating Summary:
20 Buy, 14 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
20 Buy, 14 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Cowen raised its price target on Monster Beverage (NASDAQ: MNST) to $68.00 (from $60.00) while maintaining a Outperform rating.
Analsyt Vivien Azer said, 'in-line should be fine'. Azer noted that gross margin improved sequentially and should benefit from a 4% U.S. price increase expected to take effect on November 1.
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