Monster Beverage (MNST) call put ratio 1 call to 5.8 puts into quarter results

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Monster Beverage (MNST) PT Lowered to $60 at Jefferies

August 8, 2024 5:53 AM EDT

Jefferies analyst Kaumil Gajrawala lowered the price target on Monster Beverage (NASDAQ: MNST) to $60.00 (from $61.00) while maintaining a Buy rating.

The analyst comments "2Q was worse than feared. Sales came in at 2.5%, 6.4pp below expectations, and EPS missed by 9%. It... More