Monster Beverage (MNST) Misses Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Monster Beverage (MNST) PT Raised to $185 at Stifel
August 5, 2016 7:53 AM EDTStifel analyst Mark Astrachan reiterated a Buy rating and lifted its price target on Monster Beverage (NASDAQ: MNST) to $185.00 (from $165.00) following Q2 beat.
Astrachan commented, "Monster Beverage Corp. reported 2Q16 results with EPS of $0.99, compared to consensus of $1.03. Net sales growth of 19.3% exceeded consensus of 15.9%, with the EPS miss driven by the exclusion of cost savings from the acquisition of American Fruits & Flavors. Using a normalized gross margin of... More
