Monster Beverage Reports 2017 Fourth Quarter and Full Year Financial Results
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Monster Beverage (MNST) PT Lowered to $74 at Cowen But Remains 'Energized'
March 1, 2018 11:45 AM ESTCowen lowered its price target on Monster Beverage (NASDAQ: MNST) to $74.00 (from $77.00) while maintaining an Outperform rating.
Analyst Vivien Azer said while Q4 was choppy they are still energized about the stock.
"With the stock down over 10%, we remain constructive... More
Monster Beverage (MNST) PT Lowered to $68 at BMO Capital
March 1, 2018 9:37 AM ESTBMO Capital lowered its price target on Monster Beverage (NASDAQ: MNST) to $68.00 (from $71.00) while maintaining a Outperform rating.
... MoreMonster Beverage (MNST) PT Lowered to $72 at Credit Suisse; ' Miss Mostly Timing Related'
March 1, 2018 8:59 AM ESTCredit Suisse lowered its price target on Monster Beverage (NASDAQ: MNST) to $72.00 (from $77.00) while maintaining a Outperform rating.
Analyst L. Grandet said the Q4 miss was mostly related to timing. Said the company remains on track for sales growth acceleration on FY18.
... MoreMonster Beverage (MNST) PT Lowered to $63 at Deutsche Bank
March 1, 2018 8:12 AM ESTDeutsche Bank lowered its price target on Monster Beverage (NASDAQ: MNST) to $63.00 (from $66.00) while maintaining a Hold rating.
Analyst Steve Powers said the Key Takeaways from MNST's 4Q17 Results. Disappointing top line growth. Inventory destocking. Gross margin and EBIT miss.
"Although the... More
Monster Beverage (MNST) PT Lowered to $61 at Wells Fargo on Weak Intl, Margin Pressures
March 1, 2018 7:53 AM ESTWells Fargo analyst Bonnie Herzog lowered estimates and her price target on Monster Beverage (NASDAQ: MNST) to $61.00 (from $65.00) while maintaining a Market Perform rating following disappointing Q4 results.
Herzog cited two key concerns:
(1) a potential deceleration of international growth (Q4 reported intl. growth of... More
Monster Beverage (MNST) Misses Q4 EPS by 2c, Sales Miss
February 28, 2018 4:11 PM ESTMonster Beverage (NASDAQ: MNST) reported Q4 EPS of $0.35, $0.02 worse than the analyst estimate of $0.37. Net sales for the quarter came in at $810.4 million versus the consensus estimate of $843.04 million.
Net sales and gross sales in the 2017 fourth quarter were adversely affected by inventory reductions by certain of our international... More
