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A number of stock research firms have changed their ratings and price targets for Monster Beverage Corp (NASDAQ: MNST) during the last seven days:

  • Monster Beverage Corp had its price target raised by analysts at BMO Capital Markets to $95.00. They now have an “outperform” rating on the stock.
  • Monster Beverage Corp had its price target raised by analysts at Stifel Nicolaus from $75.00 to $94.00. They now have a “buy” rating on the stock.
  • Monster Beverage Corp had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a $98.00 price target on the stock, up previously from $82.00.
  • Monster Beverage Corp was upgraded by analysts at Credit Agricole from an “underperform” rating to an “outperform” rating.
  • Monster Beverage Corp had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $93.00 price target on the stock, up previously from $71.00.
  • Monster Beverage Corp was downgraded by analysts at Credit Suisse from a “buy” rating to a “hold” rating. They now have a $98.00 price target on the stock, up previously from $82.00.
  • Monster Beverage Corp was downgraded by analysts at Jefferies Group from a “buy” rating to a “hold” rating. They now have a $95.00 price target on the stock, up previously from $80.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Monster Beverage Corp had its “buy” rating reaffirmed by analysts at S&P Equity Research. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Monster Beverage Corp had its “buy” rating reaffirmed by analysts at TheStreet.
  • Monster Beverage Corp had its price target raised by analysts at Goldman Sachs from $87.00 to $125.00. They now have a “buy” rating on the stock.
  • Monster Beverage Corp was downgraded by analysts at SunTrust from a “buy” rating to a “neutral” rating. They now have a $90.00 price target on the stock, up previously from $80.00.

Shares of Monster Beverage Corp (NASDAQ:MNST) opened at 86.37 on Monday. Monster Beverage Corp has a one year low of $51.15 and a one year high of $94.93. The stock’s 50-day moving average is $71.20 and its 200-day moving average is $69.91. The company has a market cap of $14.439 billion and a P/E ratio of 37.55.

Monster Beverage Corp (NASDAQ:MNST) last announced its earnings results on Thursday, August 7th. The company reported $0.81 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.75 by $0.06. The company had revenue of $687.20 million for the quarter, compared to the consensus estimate of $694.22 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, analysts predict that Monster Beverage Corp will post $2.59 earnings per share for the current fiscal year.

Monster Beverage Corporation is a holding company. The Company develops, markets, sells and distributes alternative beverage, such as non-carbonated ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks, and single-serve still water (NASDAQ:MNST) with beverages, including sodas that are considered natural, sparkling juices and flavored sparkling beverages.

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