B of A Securities Maintains Buy on Monster Beverage, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Peter Galbo maintains a Buy rating on Monster Beverage and raises the price target from $56 to $57.
October 15, 2024 | 5:25 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Monster Beverage and increased the price target from $56 to $57, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a reputable analyst suggests confidence in Monster Beverage's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100