Monster Beverage Corp (MNST)

[DiscoverGold]

Monster Beverage (MNST) Price Target Raised to $115.00
By: MarketBeat | May 7, 2021

Monster Beverage (NASDAQ:MNST) had its price objective raised by analysts at Truist Financial from $105.00 to $115.00 in a report released on Friday, The Fly reports. Truist Financial's price objective points to a potential upside of 27.62% from the stock's previous close.

Other equities research analysts also recently issued research reports about the stock. Truist Securities boosted their target price on shares of Monster Beverage from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Friday. Stifel Nicolaus boosted their target price on shares of Monster Beverage from $91.00 to $105.00 and gave the company a "buy" rating in a research note on Friday, January 8th. Smith Barney Citigroup upped their price target on shares of Monster Beverage from $89.00 to $99.00 in a research report on Friday, January 15th. Morgan Stanley boosted their price objective on Monster Beverage from $106.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, April 26th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price objective on Monster Beverage from $89.00 to $99.00 and gave the company a "neutral" rating in a research report on Friday, January 15th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Monster Beverage currently has an average rating of "Buy" and a consensus target price of $100.10.

Read Full Story »»»

DiscoverGold