MKM Partners Maintains Neutral on Monster Beverage, Raises Price Target to $57
Portfolio Pulse from jenniferd'souza@benzinga.com
MKM Partners analyst Sean McGowan maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) and raises the price target from $55 to $57.
August 10, 2023 | 1:39 pm
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NEUTRAL IMPACT
MKM Partners maintains a Neutral rating on Monster Beverage and raises the price target from $55 to $57.
The news is directly about Monster Beverage. The analyst maintains a Neutral rating, indicating no expected significant change in the stock's performance. However, the raised price target suggests a slightly positive outlook, but it's not strong enough to suggest a likely increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100