Monster Beverage (MNST) Tops Q1 EPS by 6c, Revenue Light

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Monster Beverage (MNST) Buy Rated Reiterated at Goldman

May 9, 2014 10:30 AM EDT

Goldman Sachs maintained a Buy rating on Monster Beverage (NASDAQ: MNST) with a modified price target of $85.00 (from $84.00). Comments follow Q1 results.

Analyst Judy E. Hong said, "US DSD revenue of +12% came in 2% below our estimate and lower than... More