In a report released yesterday, Stephen Powers from Deutsche Bank reiterated a Buy rating on Monster Beverage (MNST – Research Report), with a price target of $105.00. The company's shares closed last Friday at $85.68. According to TipRanks.com, Powers is a 4-star analyst with an average return of 7.4% and a 69.0% success rate. Powers covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and McCormick & Company. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $99.38 average price target.
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