Monster Beverage misses revenue estimates as higher prices pinch demand
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Monster Beverage (MNST) PT Raised to $69 at Jefferies, 'Positive Energy'
February 29, 2024 5:49 AM ESTJefferies analyst Kaumil Gajrawala raised the price target on Monster Beverage (NASDAQ: MNST) to $69.00 (from $66.00) while maintaining a Buy rating.
The analyst comments "Solid end to F23 with the sales miss largely fx-driven and EPS in-line. QTD is also much better than feared, with... More
Monster Beverage (MNST) PT Raised to $65 at RBC Capital, 'EPS Aftermath - Monster January'
February 29, 2024 5:43 AM ESTRBC Capital analyst Nik Modi raised the price target on Monster Beverage (NASDAQ: MNST) to $65.00 (from $60.00) while maintaining a Outperform rating.
The analyst comments "Despite the more muted US take-away/depletion trends due to weather, MNST delivered robust January sales of +20%... More
