Monster Beverage Reports 2018 Second Quarter Financial Results

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Monster Beverage (MNST) PT Raised to $68 at Cowen

August 9, 2018 11:14 AM EDT

Cowen raised its price target on Monster Beverage (NASDAQ: MNST) to $68.00 (from $60.00) while maintaining a Outperform rating.

Analsyt Vivien Azer said, 'in-line should be fine'. Azer noted that gross margin improved sequentially and should benefit from a 4% U.S. price increase expected to take effect on November 1.

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Monster Beverage (MNST) PT Raised to $50 at Susquehanna

August 9, 2018 7:51 AM EDT

Susquehanna raised its price target on Monster Beverage (NASDAQ: MNST) to $50.00 (from $49.00) while maintaining a Negative rating.

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Monster Beverage (MNST) Tops Q2 EPS by 1c, Approves $500M Buyback

August 8, 2018 4:09 PM EDT

Monster Beverage (NASDAQ: MNST) reported Q2 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.02 billion.

Board Authorizes new $500.0 million share repurchase program-

For earnings history and earnings-related data on Monster Beverage (MNST) click here.

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