Monster Beverage Corp (MNST)

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Monster Beverage Earns "Buy" Rating from Evercore ISI
By: MarketBeat | April 29, 2021

Monster Beverage (NASDAQ:MNST)'s stock had its "buy" rating reaffirmed by analysts at Evercore ISI in a research note issued on Thursday, AnalystRatings.com reports.

Other equities research analysts also recently issued reports about the company. Smith Barney Citigroup increased their price objective on Monster Beverage from $89.00 to $99.00 in a report on Friday, January 15th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price target on Monster Beverage from $89.00 to $99.00 and gave the stock a "neutral" rating in a report on Friday, January 15th. Stifel Nicolaus raised their price target on Monster Beverage from $91.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, January 8th. Argus raised their price target on Monster Beverage from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Monday, March 8th. Finally, Morgan Stanley raised their price target on Monster Beverage from $106.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. The company has a consensus rating of "Buy" and a consensus target price of $96.26.

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