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Monster Beverage (MNST)
Piper Sandler analyst Michael Lavery maintained a Buy rating on Monster Beverage today and set a price target of $94.00. The company’s shares closed last Friday at $89.55.
According to TipRanks.com, Lavery is a 4-star analyst with an average return of 3.3% and a 46.4% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company.
Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $92.63, representing a 4.1% upside. In a report issued on May 21, Evercore ISI also maintained a Buy rating on the stock with a $95.00 price target.
