Monster Beverage misses quarterly sales estimates as economic fears slow demand
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Goldman Sachs Reiterates Buy Rating on Monster Beverage (MNST)
August 8, 2024 9:28 AM EDTGoldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $63.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "Our View - We maintain our Buy rating on MNST despite a disappointing Q2 that caught most by surprise. Expectations heading into MNST's Q2 print had pulled back, the result of a slowdown in US... More
