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Will Coca-Cola Jump In With A Bid For Monster Ahead Of Constellation Brands?
Tuesday, November 23, 2021 - 6:58pm | 642Could an alcoholic beverage company and energy drink company team up to create a more diversified beverage play for investors? That’s exactly what could be happening according to a report. What Happened: Energy drink company Monster Beverage Corp (NASDAQ: MNST) is in talks for a deal with...
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After Failed Coke Energy Launch, Could The Company Go All In With Monster Acquisition?
Tuesday, May 18, 2021 - 5:57pm | 569Beverage giant Coca-Cola Co (NYSE: KO) is pulling the plug on a highly marketed product after a year and a half. Could the move lead to an acquisition that has been rumored for years? What Happened: Coke Energy drinks are being discontinued in North America after the new brand...
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Exclusive: Pete Najarian Talks Celsius Holdings Products On 'Power Hour'
Wednesday, May 12, 2021 - 5:16pm | 270Pete Najarian, co-founder of MarketRebellion.com, talked about his interest in the product line from Celsius Holdings, Inc. (NASDAQ: CELH) Wednesday on Benzinga's YouTube show, "Power Hour." Founded in 2004, Celsius is a global company with a proprietary,...
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After 1,000% Rise In One Year, Is This Energy Drink Stock Still Worth Buying?
Saturday, February 13, 2021 - 9:55am | 874Celsius Holdings Inc's (NASDAQ: CELH) stock has been on an impressive 1000%-plus run, but more upside could be ahead with a strong growth plan in place. About Celsius: Celsius products have been around for over a decade, having gained entry to the energy drink market through gyms. Celsius...
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Stock Wars: Coca-Cola Vs. Pepsi
Sunday, January 24, 2021 - 8:48am | 881Comb through the annual reports of Coca-Cola and Pepsi, and you will see the two rivals list one another as their main competition. White both are giants in the beverage field, there is one key difference, which could be the reason to pick one over the other. About Coca-Cola: Sparkling soft drink...
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Monster Beverage's Growth Prospects Underappreciated, Morgan Stanley Says In Upgrade
Tuesday, November 3, 2020 - 1:03pm | 349Investors are underappreciating energy beverage maker Monster Beverage Corp's (NASDAQ: MNST) growth outlook, and this makes the stock attractive, according to Morgan Stanley. The Monster Beverage Analyst: Dara Mohsenian upgraded Monster Beverage from Equal-weight to Overweight with a price...
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4 Reasons Why This Monster Beverage Analyst Raised Their Price Target
Thursday, June 4, 2020 - 1:46pm | 412Energy beverage maker Monster Beverage Corp (NASDAQ: MNST) hosted a virtual annual general meeting this week that signaled the company is "going full beast mode," according to BofA Securities. The Monster Beverage Analyst Peter Galbo maintained a Buy rating on Monster...
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UK To Ban Sales Of Energy Drinks To Kids Under 16
Wednesday, July 17, 2019 - 9:25am | 337U.K. Health Secretary Matt Hancock informed the rest of U.K. lawmakers and government officials the country will ban the sale of energy drinks to everyone under 16 years old, The Sun reported. What Happened Hancock justified his actions in a letter to U.K. Cabinet ministers the ban is a "...
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Arbitration Panel OKs Coca-Cola Competition With Monster Beverage
Monday, July 1, 2019 - 1:13pm | 354Monster Beverage Corp (NASDAQ: MNST) shares haven't lost their fizz despite a decision Monday that opens the door to more competition for the brand. What Happened The Coca-Cola Co (NYSE: KO) and Monster announced Monday that an arbitration tribunal of the American Arbitration...
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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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Out Of Energy: JPMorgan Downgrades Monster Beverage To Neutral
Wednesday, May 9, 2018 - 11:17am | 408Monster Beverage Corp (NASDAQ: MNST) reported first-quarter results Tuesday that were "underwhelming" and signal that the company will face headwinds in the near term, according to JPMorgan. The Analyst JPMorgan's Andrea Teixeira downgraded Monster Beverage's stock...
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Monster Beverages: An Attractive Name In One Of 2016's Best Performing Sectors
Friday, August 5, 2016 - 11:49am | 236Consumer staples has been a hot sector throughout 2016. One of the hottest stocks in the sector, Monster Beverage Corporation (NASDAQ: MNST), hit a new 52-week high of $166.50 on Friday and is higher by more than 30 percent over the past six months. Amit Sharma of BMO Capital Markets commented...
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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...
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Citi On Beverages: Weighted X-Bar Sales Not Looking Great
Tuesday, May 3, 2016 - 12:55pm | 355Citi reported that non-alcoholic beverage sales growth slumped in the most recent four-week period. Although Citi analyst Wendy Nicholson noted that the timing of the Easter holiday likely weighed on the April beverage numbers, the sales deceleration remains troubling for shareholders of The Coca-...
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Monster Beverage Announces Acquisition Of Key Supplier, Highlights Securing Intellectual Properties
Wednesday, February 24, 2016 - 8:58am | 245Monster Beverage Corporation (NASDAQ: MNST) announced after Tuesday's market close that it has entered into a definitive agreement to acquire its flavor supplier and business partner, American Fruits & Flavors, for $690 million. Monster Beverage noted the transaction will bring its...