Analyst Ratings for Monster Beverage
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 analysts have published their opinion on Monster Beverage (NASDAQ:MNST) stock. The analysts have an average price target of $62.0 versus the current price of Monster Beverage at $58.21, implying upside. This current average has increased by 1.97% from the previous average price target of $60.80.
August 10, 2023 | 2:01 pm
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Analysts have a bullish outlook on Monster Beverage (NASDAQ:MNST) with an average price target of $62.0, implying an upside from the current price of $58.21. The average target has increased by 1.97% from the previous target.
The bullish outlook from analysts indicates a positive sentiment towards Monster Beverage. The increase in the average price target suggests that analysts believe the stock has potential for growth in the short term. This could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100