Form 8-K Monster Beverage Corp For: May 08
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Monster Beverage (MNST) PT Lowered to $63 at Stifel
May 9, 2018 7:40 AM EDTStifel lowered its price target on Monster Beverage (NASDAQ: MNST) to $63.00 (from $71.00) while maintaining a Buy rating.
Analyst Mark Astrachan commented, "Monster reported mixed 1Q18 results, with sales ~1% ahead of consensus while EBIT was ~5% below expectations. Higher input and transportation costs... More
