Morgan Stanley Maintains Overweight on Monster Beverage, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Overweight rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $65 to $60.
June 14, 2024 | 12:56 pm
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Morgan Stanley analyst Dara Mohsenian maintains an Overweight rating on Monster Beverage but lowers the price target from $65 to $60.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100