Roth MKM Maintains Neutral on Monster Beverage, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Sean McGowan maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) but lowers the price target from $56 to $50.
August 12, 2024 | 3:33 pm
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Roth MKM analyst Sean McGowan maintains a Neutral rating on Monster Beverage (NASDAQ:MNST) and lowers the price target from $56 to $50.
The lowered price target from $56 to $50 suggests a less optimistic outlook for Monster Beverage, which could negatively impact investor sentiment and short-term stock price.
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IMPORTANCE 70
RELEVANCE 100