Evercore ISI Group Reiterates Outperform on Monster Beverage, Maintains $65 Price Target
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Robert Ottenstein has reiterated an 'Outperform' rating on Monster Beverage (NASDAQ:MNST) and maintained a $65 price target.
August 10, 2023 | 10:22 am
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Evercore ISI Group has reiterated an 'Outperform' rating on Monster Beverage and maintained a $65 price target.
The reiteration of an 'Outperform' rating by Evercore ISI Group indicates a positive outlook for Monster Beverage. The maintained price target of $65 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100