Monster Beverage (MNST) Tops Q4 EPS by 3c, Revs Beat; $500M Buyback
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Go back to Monster Beverage (MNST) Tops Q4 EPS by 3c, Revs Beat; $500M Buyback
February 28, 2019 1:04 PM EST
Cowen analyst Vivien Azer raised the price target on Monster Beverage (NASDAQ: MNST) to $74.00 (from $60.00) while maintaining a Outperform rating following results.
Azer notes international continues to drive growth and the company plans to take a number of price increases to offset... More
February 28, 2019 9:05 AM EST
Jefferies analyst Kevin Grundy raised the price target on Monster Beverage (NASDAQ: MNST) to $74.00 (from $71.00) while maintaining a Buy rating following results.
Grundy lifts FY19-20 EPS ~2% post a solid 4Q18, including organic sales of +17%, which came in ahead of JEF/Street (+14-15%) and drove 2% OI upside versus expectations.
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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
