Monster Beverage (MNST) PT Raised to $65 at BMO Capital on 3Q Report; 'Sales Momentum Appears to be Broad-Based'

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Go back to Monster Beverage (MNST) PT Raised to $65 at BMO Capital on 3Q Report; 'Sales Momentum Appears to be Broad-Based'

Monster Beverage (MNST) PT Lowered to $64 at Jefferies

November 9, 2017 8:07 AM EST

Jefferies lowered its price target on Monster Beverage (NASDAQ: MNST) to $64.00 (from $65.00) while maintaining a Buy rating following results.

Analyst Kevin Grundy trimmed FY17-19 EPS by 2% after a mixed 3Q.

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Monster Beverage (MNST) PT Lowered to $56 at Susquehanna

November 9, 2017 6:29 AM EST

Susquehanna analyst Pablo Zuanic lowered his price target on Monster Beverage (NASDAQ: MNST) to $56.00 (from $60.00) while maintaining a Neutral rating.

Zuanic said the key concern of lower international margins started to play out in 3Q17.

The firm lowered FY18 EPS to $1.58 from $1.68 and the consensus of $1.71.

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Monster Beverage (MNST) Misses Q3 EPS by 2c, Beats on Revenues

November 8, 2017 4:46 PM EST

Monster Beverage (NASDAQ: MNST) reported Q3 EPS of $0.38, $0.02 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $909.5 million versus the consensus estimate of $903.64 million.

Third Quarter Net Sales Rise 15.4 percent to $909.5 millionThird Quarter Net Income Increases 14.1 percent to $218.7... More