UPDATE: Monster Beverage (MNST) Misses Q1 EPS by 9c
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Go back to UPDATE: Monster Beverage (MNST) Misses Q1 EPS by 9c
May 9, 2013 2:46 PM EDT
UBS today maintained a Buy rating on Monster Beverage (NASDAQ: MNST) with a modified price target of $66.00 (from $69.00). Shares of Monster traded lower following its Q1 report on Wednesday evening. Analyst Kaumil S. Gajrawala noted that part of Q1 weakness related to inventory,... More
May 9, 2013 8:58 AM EDT
Goldman Sachs today maintained a Buy on Monster Beverage (NASDAQ: MNST) and trimmed its price target to $59.00 (from $61.00). Shares of Monster traded sharply lower following disappoint Q1 results. Despite this, analyst Judy E. Hong thinks sales will rebound in the second half of the... More
May 9, 2013 8:51 AM EDT
Gabelli downgraded Monster Beverage (NASDAQ: MNST) from Buy to Hold. The downgrade follow disappointing Q1 results yesterday.
Analysts said, "Although we continue to believe Monster is the most innovative company in a large and growing global energy beverages market, we are... More
