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Monster Beverage price target raised to $81 from $74 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Monster Beverage (MNST) to $81 from $74 and keeps an Overweight rating on the shares. Balanced and sizeable Q3 upside across regions, as well as solid October sales, confirm Monster’s “unique status as a highly visible and durable growth story” and a “safe growth harbor” through 2026, the analyst tells investors.

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