UBS raised the firm’s price target on Monster Beverage (MNST) to $75 from $72 and keeps a Neutral rating on the shares. While Monster Beverage posted another strong quarter, this is already largely priced in, the analyst tells investors in a research note.
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Read More on MNST:
- Monster Beverage price target raised to $75 from $70 at JPMorgan
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- Monster Beverage price target raised to $75 from $73 at Wells Fargo
- Monster Beverage price target raised to $75 from $74 at Piper Sandler
- Monster Beverage price target raised to $77 from $75 at Deutsche Bank