Monster Beverage (MNST) PT Lowered to $56 at Roth/MKM
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Goldman Sachs Reiterates Buy Rating on Monster Beverage (MNST)
June 14, 2024 5:12 AM EDTGoldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $66.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "We reiterate our Buy rating on MNST following mgmt's broadly upbeat and constructive tone at its annual shareholder mtg after the close today (6/13). While mgmt did acknowledge that there has... More
Monster Beverage (MNST) PT Lowered to $61 at Jefferies
June 13, 2024 5:19 AM EDTJefferies analyst Kaumil Gajrawala lowered the price target on Monster Beverage (NASDAQ: MNST) to $61.00 (from $68.00) while maintaining a Buy rating.
The analyst comments "The slowdown across beverages and soft Memorial Day trends warrants a reset. We lower our '24 growth forecast by... More
Monster Beverage (MNST) Announces Final Results of Modified "Dutch Auction" Tender Offer
June 10, 2024 6:33 AM EDTMonster Beverage Corporation (Monster) (NASDAQ: MNST) announced today the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on June 5, 2024.
Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 119,018,767 shares of Monsters common stock were validly tendered and not validly withdrawn at the final purchase price of $53.00 per share or as purchase price tenders, which includes shares that were tendered through notice of guaranteed delivery at the final purchase price of $53.00 per share or... More
