Roth MKM analyst Sean McGowan keeps a Neutral rating and $50 price target on Monster Beverage (MNST) after its Q4 earnings. The results were a bit better than expected after adjusting for one-time impairment charges, though sales were slightly below estimates, the analyst tells investors in a research note. Roth adds however that it continues to expect mid-single-digit annual revenue growth for the next several years with modest improvement in margins, but also believes that the stock’s current valuation is full.
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