Jefferies raises Monster Beverage price target to $55
The raised target and stated buy-on-weakness view are bullish, though this remains an analyst opinion.
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The raised target and stated buy-on-weakness view are bullish, though this remains an analyst opinion.
What happened, with direct paths to the underlying reporting
Jefferies raised its MNST price target to $55, about 15% above the posted price of $47.83, and advised taking advantage of weakness.
Target: $55
Posted price: $47.83
Analyst firm: Jefferies
Analyst: Kaumil Gajrawala
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