BofA analyst Peter Galbo raised the firm’s price target on Monster Beverage (MNST) to $72 from $66 and keeps a Buy rating on the shares after the company posted “strong” Q2 sales and margin results that were significantly ahead of BofA and Street estimates as well as gave an “impressive” July sales update. The firm is raising its 2025-2027 EPS estimates to reflect sales and margin beats, the analyst tells investors.
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