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 EDTCowen 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
Monster Beverage (MNST) Q2 Revenue Falls Short of Views
August 6, 2015 4:07 PM EDTMonster Beverage (NASDAQ: MNST) reported Q2 EPS of $1.26, may not compare to the analyst estimate of $0.91. Revenue for the quarter came in at $693.7 million versus the consensus estimate of $755.9 million.
Coca-Cola transaction closed mid-June 2015Profitability positively impacted by $161.5 million of gain on... More