Deutsche Bank Maintains Buy on Monster Beverage, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Buy rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $66 to $63.

June 14, 2024 | 4:13 pm
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Deutsche Bank maintains a Buy rating on Monster Beverage but lowers the price target from $66 to $63, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Monster Beverage's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100