Morgan Stanley Maintains Overweight on Monster Beverage, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Overweight rating on Monster Beverage (NASDAQ:MNST) and raises the price target from $63 to $68.

February 29, 2024 | 5:29 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Overweight rating on Monster Beverage and increased the price target from $63 to $68.
The increase in the price target by a reputable analyst like Dara Mohsenian from Morgan Stanley suggests a positive outlook on Monster Beverage's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100