Monster Beverage (MNST) Misses Q1 EPS by 6c, Sales Beat

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Go back to Monster Beverage (MNST) Misses Q1 EPS by 6c, Sales Beat

Monster Beverage (MNST) PT Lowered to $88 at Cowen

May 6, 2022 9:43 AM EDT

Cowen analyst Vivien Azer lowered the price target on Monster Beverage (NASDAQ: MNST) to $88.00 (from $90.00) while maintaining a Market Perform rating.

The analyst commented, "EPS of $0.55 missed consensus estimates by 6 cents (-10%), as a stronger than expected topline was more than offset by... More