UPDATE: Monster Beverage (MNST) Misses Q1 EPS by 9c
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UBS Maintains Buy on Monster Beverage (MNST)
May 9, 2013 2:46 PM EDTUBS today maintained a Buy rating on Monster Beverage (NASDAQ: MNST) with a modified price target of $66.00 (from $69.00). Shares of Monster traded lower following its Q1 report on Wednesday evening. Analyst Kaumil S. Gajrawala noted that part of Q1 weakness related to inventory,... More
Monster Beverage (MNST) Set Up for Strong H2 - Goldman
May 9, 2013 8:58 AM EDTGoldman Sachs today maintained a Buy on Monster Beverage (NASDAQ: MNST) and trimmed its price target to $59.00 (from $61.00). Shares of Monster traded sharply lower following disappoint Q1 results. Despite this, analyst Judy E. Hong thinks sales will rebound in the second half of the... More
Gabelli Downgrades Monster Beverage (MNST) to Hold
May 9, 2013 8:51 AM EDTGabelli downgraded Monster Beverage (NASDAQ: MNST) from Buy to Hold. The downgrade follow disappointing Q1 results yesterday.
Analysts said, "Although we continue to believe Monster is the most innovative company in a large and growing global energy beverages market, we are... More
