Piper Sandler Maintains Neutral on Monster Beverage, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $59 to $46.
August 08, 2024 | 11:31 am
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Piper Sandler analyst Michael Lavery maintains a Neutral rating on Monster Beverage but lowers the price target from $59 to $46.
The lowered price target from $59 to $46 by Piper Sandler suggests a less optimistic outlook for Monster Beverage, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100