Analyst Rating Update on Monster Beverage Corporation (MNST)

Monster Beverage Corporation (MNST) : 7 brokerage houses believe that Monster Beverage Corporation (MNST) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Monster Beverage Corporation (MNST). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 1.71.

Monster Beverage Corporation (MNST) : The most positive equity analysts on Monster Beverage Corporation (MNST) expects the shares to touch $185, whereas, the least positive believes that the stock will trade at $145 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $166.46 with an expected fluctuation of $12.82 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Monster Beverage Corporation (NASDAQ:MNST): The stock opened at $159.53 on Wednesday but the bulls could not build on the opening and the stock topped out at $159.53 for the day. The stock traded down to $157.18 during the day, due to lack of any buying support eventually closed down at $157.77 with a loss of -0.96% for the day. The stock had closed at $159.30 on the previous day. The total traded volume was 851,751 shares.

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