Goldman Sachs Sticks to Its Buy Rating for Monster Beverage (MNST)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating for Monster Beverage (MNST) in an August 7 report, noting the stock closed at $90.36. While Bank of America also issued a Buy rating on the same day, Needham maintained a Hold rating. Herzog, a 4-star analyst covering Consumer Defensive stocks, has a 56.75% success rate.
In a report released on August 7, Bonnie Herzog from Goldman Sachs reiterated a Buy rating on Monster Beverage. The company’s shares closed last Friday at $90.36.
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According to TipRanks, Herzog is a 4-star analyst with an average return of 5.7% and a 56.75% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Philip Morris, Boston Beer, and Constellation Brands.
In addition to Goldman Sachs, Monster Beverage also received a Buy from Bank of America Securities’s Peter Galbo in a report issued on August 7. However, on the same day, Needham maintained a Hold rating on Monster Beverage (NASDAQ: MNST).