On Nov 09, major Wall Street analysts update their ratings for $Monster Beverage (MNST.US)$, with price targets ranging from $55 to $62.
Morgan Stanley analyst Dara Mohsenian maintains with a buy rating, and maintains the target price at $55.
BofA Securities analyst Jonathan Keypour maintains with a buy rating.
Citi analyst Filippo Falorni maintains with a buy rating, and adjusts the target price from $54 to $62.
UBS analyst Peter Grom maintains with a hold rating, and adjusts the target price from $55 to $57.
Deutsche Bank analyst Stephen Powers maintains with a buy rating, and adjusts the target price from $61 to $59.
Furthermore, according to the comprehensive report, the opinions of $Monster Beverage (MNST.US)$'s main analysts recently are as follows:
Following Monster Beverage's report of third-quarter sales and EBIT that fell short of consensus, the company has highlighted improving trends in U.S. scanner data. This suggests an upturn in the energy drinks category. The expectation is for a ramp-up in Monster's sales trajectory through 2025, driven by favorable comparisons, pricing dynamics, and new product introductions. However, it's noted that estimates for 2024-2025 have been modestly adjusted post the earnings release.
Here are the latest investment ratings and price targets for $Monster Beverage (MNST.US)$ from 8 analysts:
Note:
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