Expert Ratings for Monster Beverage
Portfolio Pulse from Benzinga Insights
Analysts have issued ratings for Monster Beverage (NASDAQ:MNST) in the last quarter, with 3 bullish, 1 somewhat bullish, and 1 indifferent rating. The average 12-month price target is $58.00, with a high of $65.00 and a low of $50.00, representing a 10.08% decrease from the previous target of $64.50.
November 13, 2023 | 1:00 pm
News sentiment analysis
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Monster Beverage received mostly bullish ratings from analysts, with an average price target of $58.00, indicating a potential downside from the previous target.
The new average price target suggests a decrease in expected future stock price, which could lead to a short-term negative impact on the stock. The predominance of bullish ratings may mitigate this impact, but the lowered target is a key factor for short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100