Monster Beverage (MNST) March weekly option implied volatility bid into EPS

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Monster Beverage (MNST) PT Raised to $70 at Guggenheim Following 4Q

February 28, 2019 8:46 AM EST

Guggenheim analyst Laurent Grandet raised the price target on Monster Beverage (NASDAQ: MNST) to $70.00 (from $69.00) while maintaining a Buy rating following the company's 4Q earnings report. Monster reported 4Q results that beat expectations with exceptionally strong organic sales growth of 17% vs 13% estimates. US growth of... More