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.
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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
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- Monster Beverage Reports Mixed Q1 2025 Results
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