Citi raised the firm’s price target on Monster Beverage to $76 from $74 and keeps a Buy rating on the shares. The firm updated models in the beverages and home and personal care group. Citi favors non-alcoholic beverages to the personal care and beverage alcohol sectors. The analyst’s top pick is now Celsius (CELH), followed by Monster Beverage (MNST) and Coca-Cola (KO).
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