RBC Capital analyst Nik Modi maintained a Buy rating on Monster Beverage (MNST – Research Report) on August 2 and set a price target of $100.00. The company's shares closed last Wednesday at $96.05, close to its 52-week high of $99.89. According to TipRanks.com, Modi is a 5-star analyst with an average return of 9.2% and a 65.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Spectrum Brands Holdings. Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $104.27, a 7.9% upside from current levels.
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Monster Beverage (NASDAQ:MNST)
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