In a report issued on May 3, Nik Modi from RBC Capital maintained a Buy rating on Monster Beverage (MNST – Research Report), with a price target of $102.00. The company's shares closed last Wednesday at $86.65. According to TipRanks.com, Modi is a 5-star analyst with an average return of 10.9% and a 65.5% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, The Estée Lauder Companies, and Spectrum Brands Holdings. Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $99.38, implying a 18.6% upside from current levels.
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Monster Beverage (NASDAQ:MNST)
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