Monster Beverage (MNST) Earnings Preview - RBC

Go back to Monster Beverage (MNST) Earnings Preview - RBC

Monster Beverage (MNST) PT Raised to $111 at Jefferies Into Q4 EPS

February 23, 2021 8:13 AM EST

Jefferies analyst Kevin Grundy raised the price target on Monster Beverage (NASDAQ: MNST) to $111.00 (from $108.00) while maintaining a Buy rating ahead of Q4 EPS.

The analyst commented, "We edge our '20-22 EPS ests. ~+1% into MNST's 4Q print (AMC 2/25) and the stock... More