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uranium-pinto-beans

04/09/18 7:37 AM

#324778 RE: uranium-pinto-beans #324777

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Citi reiterates Buy on Monster Beverage with shares down year-to-date
Despite a "big" slowdown in China, the global energy drink category remains a growth market, Citi analyst Wendy Nicholson tells investors in a research note. Monster Beverage continues to gain market share globally, and still has "plenty of runway ahead," the analyst adds. She reiterates a Buy rating on Monster with a $70 price target amid the stock's year-to-date decline. The stock remains on Citi's U.S. Focus List