Monster Beverage misses quarterly sales estimates as economic fears slow demand
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Goldman Sachs Reiterates Buy Rating on Monster Beverage (MNST)
August 8, 2024 9:28 AM EDTGoldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $63.00 price target on Monster Beverage (NASDAQ: MNST).
The analyst comments "Our View - We maintain our Buy rating on MNST despite a disappointing Q2 that caught most by surprise. Expectations heading into MNST's Q2 print had pulled back, the result of a slowdown in US... More
