Several wealth, asset, and advisory firms have recently increased or initiated their holdings in
Monster Beverage Corporation (MNST), indicating strong interest and potential trust in the company's financial health.
Vivid Wealth Management, Inspire Investing, McElhenny Sheffield Capital Management, Allegiance Financial Group Advisory Services, KLP Kapitalforvaltning, among others, have purchased shares in Monster. However,
Vontobel Holding and ORG Partners have sold some shares, suggesting portfolio adjustment. The company has achieved a notable financial milestone, surpassing
$2B in Q2 sales, propelled by the strong global demand for energy drinks. This growth is also reflected in the stock's performance, which recently hit a
52-week high. Analysts are divided in their opinion; some brokerages give a '
Hold' recommendation while others, such as
Citigroup and UBS Group, predict strong price growth.
Stifel rates Monster as a 'Buy' based on sales growth prospects, and
B of A Securities has raised its price target to $75.00. Regarding product innovation, the company continues to leverage functional, zero-sugar innovations. However, some observations warn that, regardless of the strong momentum, Monster's shares are presently fairly priced.
Monster Beverage Corporation MNST News Analytics from Sat, 01 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 12:46:29 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
