Monster Beverage (MNST) PT Lowered to $61 at Jefferies
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RBC Capital Reiterates Outperform Rating on Monster Beverage (MNST)
June 14, 2024 6:19 AM EDTRBC Capital analyst Nik Modi reiterated an Outperform rating and $65.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "Yesterday, we listened to Monsters annual shareholder meeting and believe the tone was constructive. While management acknowledged pressure on the energy... More
Goldman Sachs Reiterates Buy Rating on Monster Beverage (MNST)
June 14, 2024 5:12 AM EDTGoldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $66.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "We reiterate our Buy rating on MNST following mgmt's broadly upbeat and constructive tone at its annual shareholder mtg after the close today (6/13). While mgmt did acknowledge that there has... More
Monster falls as Roth analysts cut targets amid growth concerns
June 12, 2024 4:50 PM EDTInvesting.com -Â Monster Beverage Corp (NASDAQ: MNST) dipped 2.7% on Wednesday after Roth analysts lowered their price target despite the successful completion of the company's Dutch tender offer.
The company's recently concluded Dutch tender offer, which amounted to $3 billion, was completed at a final price of $53 per share. This was at the lower end of the initially anticipated range of... More
Monster Beverage (MNST) PT Lowered to $56 at Roth/MKM
June 12, 2024 7:20 AM EDTRoth/MKM analyst Sean McGowan lowered the price target on Monster Beverage (NASDAQ: MNST) to $56.00 (from $59.00) while maintaining a Neutral rating.
The analyst comments "Despite the reduced share count and higher EPS resulting from its recently completed Dutch tender offer, we are... More
