UBS raised the firm’s price target on Monster Beverage (MNST) to $63 from $62 and keeps a Neutral rating on the shares. Monster Beverage had a “tough” Q1 that is being offset by “strong” Q2 momentum, the analyst tells investors in a research note. The firm expects sentiment to remain constructive, especially given the underlying momentum from here, but thinks optimism is already priced in.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNST:
- Monster Beverage price target raised to $54 from $51 at Piper Sandler
- Monster Beverage: Strong Margins and Positive Trends Justify Buy Rating Despite Q1 Challenges
- Monster Beverage’s Growth Potential and Strategic Initiatives Reinforce Buy Rating
- Monster Beverage Reports Mixed Q1 2025 Results
- Closing Bell Movers: Pinterest jumps 15%, Toast up 7% after earnings
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue