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BMO Downgrades Monster Beverages After Hitting 'Peak Valuation'
Tuesday, March 12, 2019 - 2:13pm | 367Energy beverage maker Monster Beverage Corp (NASDAQ: MNST) is likely to achieve its high-single digit to low-single-digit top-line and EPS growth rate in the near term, but the likelihood of outperformance is minimal, according to BMO. The Analyst BMO Capital Markets' Amit Sharma downgraded...
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Monster Beverage Is A 'Compelling Growth Story,' Deutsche Bank Says In Upgrade
Monday, March 5, 2018 - 11:15am | 483Monster Beverage Corporation (NASDAQ: MNST)'s weak fourth quarter sent the stock tumbling lower to a level that makes it attractive to buy, according to Deutsche Bank. The Analyst Deutsche Bank's Steve Powers upgraded Monster Beverage from Hold to Buy with an unchanged $63...
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Coconut Water Brand Takes On The Energy Drink Industry
Wednesday, August 3, 2016 - 9:54am | 451The coconut water craze is no secret. The industry as a whole has seen a meteoric rise with nearly $800 million in U.S. sales in 2015. Coconut water is expected to be a $2 billion industry by 2019. While this pales in comparison to the $10 billion and growing energy drink industry that has seen...