Redburn Partners Upgrades Monster Beverage to Buy, Announces $120 Price Target
Redburn Partners analyst Charlie Higgs upgrades Monster Beverage (NASDAQ:MNST) from Neutral to Buy and announces $120 price target.
Here’s Why Monster Beverage Shares Are Falling
Monster Beverage Corp (NASDAQ: MNST) shares are trading lower by 3.69% to $98.00 Tuesday evening after the company reported worse-than-expected fourth-quarter results and declared a 2-for-1 stock split.
JP Morgan Maintains Overweight on Monster Beverage, Raises Price Target to $114
JP Morgan analyst Andrea Teixeira maintains Monster Beverage (NASDAQ:MNST) with a Overweight and raises the price target from $106 to $114.
Evercore ISI Group Maintains Outperform on Monster Beverage, Raises Price Target to $115
Evercore ISI Group analyst Robert Ottenstein maintains Monster Beverage (NASDAQ:MNST) with a Outperform and raises the price target from $105 to $115.
BMO Capital Maintains Market Perform on Monster Beverage, Raises Price Target to $97
BMO Capital analyst Andrew Strelzik maintains Monster Beverage (NASDAQ:MNST) with a Market Perform and raises the price target from $95 to $97.
Deutsche Bank Maintains Buy on Monster Beverage, Raises Price Target to $114
Deutsche Bank analyst Steve Powers maintains Monster Beverage (NASDAQ:MNST) with a Buy and raises the price target from $105 to $114.
Wells Fargo Maintains Overweight on Monster Beverage, Raises Price Target to $105
Wells Fargo analyst Chris Carey maintains Monster Beverage (NASDAQ:MNST) with a Overweight and raises the price target from $100 to $105.
Monster Beverage Q3 EPS $0.60 Beats $0.59 Estimate, Sales $1.62B Miss $1.65B Estimate
Monster Beverage (NASDAQ:MNST) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.59 by 1.69 percent. This is a 4.76 percent decrease over earnings of $0.63 per share from the
Earnings Scheduled For November 3, 2022
Companies Reporting Before The Bell
• Hyatt Hotels (NYSE:H) is estimated to report quarterly earnings at $0.28 per share on revenue of $1.45 billion.
What 5 Analyst Ratings Have To Say About Monster Beverage
Monster Beverage (NASDAQ:MNST) has observed the following analyst ratings within the last quarter: