Monster Beverage posts higher Q1 revenue on resilient demand, easing costs
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Roth/MKM Comments on Monster Beverage (MNST)
May 3, 2024 6:25 AM EDTRoth/MKM analyst Sean McGowan reiterated a Neutral rating and $59.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "MNST's 1Q results showed solid revenue growth and improvement in gross margin and adjusted EBITDA. Yet, these results lagged consensus estimates,... More
