Monster's (MNST) Miss May Have Market Overreacting, Deutsche Bank Says in Upgrade

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Monster Beverage (MNST) Sees Positive Nielsen Data

March 6, 2018 12:43 PM EST

Monster Beverage (NASDAQ: MNST) is 1.6% lower despite positive Nielsen data through 2/24.

The energy drink category was up ~4%. Monster total beverage $ sales were up +10.2% (+10.4% for 12-wks; +6.8% for 52-wks) with continued acceleration in Java sales and a deceleration in Ultra sales, analyst Bonnie Herzog at Wells Fargo noted.

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Morgan Stanley Remains Bullish on Monster Beverage (MNST)

March 5, 2018 9:16 AM EST

Morgan Stanley reiterated an Overweight rating and $67.00 price target on Monster Beverage (NASDAQ: MNST). Analyst Dara Mohsenian views the recent 15% drop in Monster's stock over the last two trading days as a compelling buying opportunity, with valuation now much more reasonable following a large... More

Monster Beverage (MNST) PT Lowered to $70 at Citi, Added Back on Citi US Focus List

March 5, 2018 6:24 AM EST

Citi lowered its price target on Monster Beverage (NASDAQ: MNST) to $70.00 (from $74.00) while maintaining a Buy rating.

Analyst Wendy Nicholson puts the stock back on the Citi US Focus List commenting "we believe the pull-back in the stock represents an attractive re-entry point... More

Deutsche Bank Upgrades Monster Beverage (MNST) to Buy

March 5, 2018 3:51 AM EST

Deutsche Bank upgraded Monster Beverage (NASDAQ: MNST) from Hold to Buy with a price target of $63.00.

Analyst Steve Powers comments "While 4Q results were disappointing, pullbacks in MNST such as the one observed late last week have historically proven rewarding... More