Goldman Sachs Reaffirms Their Buy Rating on Monster Beverage (MNST)
Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Monster Beverage, setting a price target of $83.00. The stock closed at $73.99, with an analyst consensus price target of $78.76, indicating a 6.45% upside. Stifel Nicolaus also maintained a Buy rating with a $78.00 target. Herzog, a 4-star analyst, has a 4.1% average return and a 55.16% success rate.
Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Monster Beverage yesterday and set a price target of $83.00. The company’s shares closed yesterday at $73.99.
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According to TipRanks, Herzog is a 4-star analyst with an average return of 4.1% and a 55.16% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Primo Brands, Molson Coors, and e.l.f. Beauty.
Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $78.76, which is a 6.45% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $78.00 price target.
