Where Monster Beverage Stands With Analysts
Portfolio Pulse from Benzinga Insights
Monster Beverage (NASDAQ:MNST) has received a mix of bullish and indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to 10 analysts, is $61.3, a decrease of 1.13% from the previous average of $62.00.
October 24, 2023 | 8:01 pm
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Monster Beverage has received mixed analyst ratings, with an average 12-month price target of $61.3, indicating a potential decrease in stock price.
Analyst ratings are a significant factor in stock price movements. The decrease in the average 12-month price target for Monster Beverage suggests that analysts are less optimistic about the company's stock price, which could lead to a decrease in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100