Stifel Nicolaus analyst Mark Astrachan maintained a Buy rating on Monster Beverage (MNST – Research Report) on May 6 and set a price target of $105.00. The company's shares closed last Friday at $86.67. According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 11.8% and a 63.7% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Colgate-Palmolive. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $99.57 average price target, representing a 20.6% upside.
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