Jefferies Initiates Coverage On Monster Beverage with Buy Rating, Announces Price Target of $65
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala has initiated coverage on Monster Beverage (NASDAQ:MNST) with a Buy rating and set a price target of $65.
November 13, 2023 | 11:13 am
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Jefferies analyst Kaumil Gajrawala recommends Monster Beverage with a Buy rating and a price target of $65.
Analyst ratings, especially from reputable firms like Jefferies, can influence investor sentiment and stock prices. A Buy rating combined with a price target that suggests upside potential from the current market price is likely to be viewed positively by investors, potentially driving short-term demand for MNST shares.
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IMPORTANCE 85
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