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Monster Beverage price target raised to $94 from $88 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Monster Beverage (MNST) to $94 from $88 and keeps a Buy rating on the shares. The company is “firing on all cylinders” with its Q1 revenue growth nearly 10 points above estimates, the analyst tells investors in a research note. The firm upped estimates for Monster post the print.

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