10 Analysts Have This to Say About Monster Beverage
Portfolio Pulse from Benzinga Insights
In the last quarter, Monster Beverage (NASDAQ:MNST) received a total of 10 analyst ratings, with 8 being bullish or somewhat bullish, and 2 being indifferent. The average 12-month price target for the company is $62.4, a decrease of 2.24% from the previous average of $63.83.
July 25, 2023 | 8:00 pm
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POSITIVE IMPACT
Monster Beverage received mostly bullish ratings from analysts, with an average 12-month price target of $62.4.
The majority of the analyst ratings for Monster Beverage are bullish or somewhat bullish, indicating a positive outlook for the company. The decrease in the average price target could potentially indicate a slight decrease in confidence in the company's performance, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100