Monster Beverage Reports 2015 Second Quarter Financial Results

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Cowen Raises Price Target on Monster Beverage (MNST) to $171 Following Annual Meeting

August 10, 2015 6:44 AM EDT

Cowen reiterated an Outperform rating on Monster Beverage (NASDAQ: MNST), and raised the price target to $171.00 (from $167.00), following its annual shareholder meeting. Management indicated that a share buyback was sure to happen soon, but no final decision was made in terms of... More