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Monster Beverage (MNST)
In a report released yesterday, Dara Mohsenian from Morgan Stanley reiterated a Buy rating on Monster Beverage, with a price target of $103.00. The company’s shares closed last Friday at $88.08.
According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.4% and a 62.7% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Colgate-Palmolive.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $93.06 average price target, representing a 5.8% upside. In a report issued on May 18, Wells Fargo also maintained a Buy rating on the stock with a $97.00 price target.
