UBS Maintains Neutral on Monster Beverage, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $55 to $51.
August 08, 2024 | 2:26 pm
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UBS analyst Peter Grom maintains a Neutral rating on Monster Beverage but lowers the price target from $55 to $51.
The lowered price target from $55 to $51 suggests a less optimistic outlook for Monster Beverage, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100