Evercore ISI Group Maintains Outperform on Monster Beverage, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Robert Ottenstein maintains an Outperform rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $65 to $60.
August 08, 2024 | 1:10 pm
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Evercore ISI Group analyst Robert Ottenstein maintains an Outperform rating on Monster Beverage but lowers the price target from $65 to $60.
The Outperform 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 70
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