Piper Sandler Maintains Neutral on Monster Beverage, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) and raises the price target from $58 to $59.
May 03, 2024 | 1:25 pm
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Piper Sandler maintains a Neutral rating on Monster Beverage and raises the price target from $58 to $59.
The increase in the price target by Piper Sandler suggests a positive outlook on Monster Beverage's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of slight upward movement in the stock price, influenced by analyst projections.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90