BMO Capital Maintains Market Perform on Monster Beverage, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Monster Beverage (NASDAQ:MNST) and increased the price target from $57 to $58.

January 17, 2024 | 2:14 pm
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BMO Capital analyst Andrew Strelzik maintains a 'Market Perform' rating on Monster Beverage and raises the price target from $57 to $58.
The increase in price target by BMO Capital suggests a positive outlook on Monster Beverage's stock value in the short term. While the rating remains 'Market Perform', the raised target indicates a slight improvement in expectations, which could lead to a modest positive investor sentiment and a potential increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100