Stifel Maintains Buy on Monster Beverage, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Buy rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $63 to $57.
June 17, 2024 | 11:47 am
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Stifel analyst Mark Astrachan maintains a Buy rating on Monster Beverage but lowers the price target from $63 to $57.
The Buy rating suggests continued confidence in Monster Beverage's performance, but the lowered price target indicates some caution regarding future growth or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100