Entropy Technologies LP invests in
Monster Beverage Co., demonstrating faith in its future financial prospects despite recent stock weaknesses. The company has renewed its global partnership with UFC, boosting its visibility and market reach. Besides, Deutsche Bank maintains a 'Buy' rating, albeit with a slightly reduced price target. Major investment firms, including Sather Financial Group, abrdn plc, and State of Alaska's Dept. of Revenue, are adjusting their Monster Beverage holdings, while others like Summit Trail Advisors and Elevate Capital Advisors are increasing theirs. Q3 sales hit $1.88 billion, in spite of an 18% drop in profits which was offset by a 14% surge in strategic brands. Monster Beverage plans a key investor meeting where it will identify goals for 2025, with webcast details made available. Underscoring the prominence of the brand,
Monster Beverage rings the closing bell on the Nasdaq Stock Market, adding to its public reputation. A new $500 million share repurchase program is announced to motivate investors despite a recent earnings miss. Meanwhile, Monster Beverage's long-term investment potential underscores the company's strong fundamentals. Despite the turmoil, the company proves resilient with a positive sentiment in the short seller market.
Monster Beverage Corporation MNST News Analytics from Wed, 03 Apr 2024 07:00:00 GMT to Sat, 15 Feb 2025 19:56:22 GMT -
Rating 1
- Innovation 4
- Information 6
- Rumor -3
