Monster Beverage Reports 2017 Third Quarter Financial Results
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Monster Beverage (MNST) PT Lowered to $64 at Jefferies
November 9, 2017 8:07 AM ESTJefferies lowered its price target on Monster Beverage (NASDAQ: MNST) to $64.00 (from $65.00) while maintaining a Buy rating following results.
Analyst Kevin Grundy trimmed FY17-19 EPS by 2% after a mixed 3Q.
... MoreMonster Beverage (MNST) PT Lowered to $56 at Susquehanna
November 9, 2017 6:29 AM ESTSusquehanna analyst Pablo Zuanic lowered his price target on Monster Beverage (NASDAQ: MNST) to $56.00 (from $60.00) while maintaining a Neutral rating.
Zuanic said the key concern of lower international margins started to play out in 3Q17.
The firm lowered FY18 EPS to $1.58 from $1.68 and the consensus of $1.71.
... More