Various financial institutions and asset management companies are adjusting their positions in Monster Beverage Corporation ($MNST). Many have seen a reduction in shares held, while a significant number have increased their stakes. Fair value estimates for the company's stock indicate that it is fairly priced, and its recent rise has been questioned regarding its reliance on company fundamentals. Further, the firm reached a new 52-week high following an analyst upgrade. Positions in Monster Beverage Corporation are also being newly established and grown, showing increasing interest by investors. Despite this, the consensus rating from analysts remains 'Hold'. Notably, Citigroup has raised its price target for Monster Beverage to $7, and its price target was later further raised to $76. Other developments, such as Q2 earning beats and higher sales across most segments, are aiding the company. Jim Cramer, a well-known market commentator, advises not to walk away from the company. However, it's also reported that much of the positive news for the company is already priced in. Moving forward, the company also seems optimistic about its prospects, with energy drink sales regaining fizz.
Monster Beverage Corporation MNST News Analytics from Sat, 01 Feb 2025 08:00:00 GMT to Sat, 20 Sep 2025 21:52:57 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -6
