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Cowen: Bang's Popularity Continues To Weigh On Monster Energy's Market Share
Thursday, October 17, 2019 - 2:47pm | 314Monster Beverage Corp (NASDAQ: MNST) is seeing pressure from the viral popularity of its competitor, Bang. The Analyst Cowen analyst Vivien Azer downgraded the stock from Outperform to Market Perform and lowered her price target from $69 to $65. The Thesis Highly popular energy drink, Bang, is...
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UBS: Monster Beverages Continues To Face 'Fundamental Controversy'
Monday, August 19, 2019 - 1:33pm | 384Monster Beverage Corp (NASDAQ: MNST) continues to face a "fundamental controversy" related to its growth profile, especially for the Reign brand which fell short of expectations in the second quarter, according to UBS. The Analyst UBS analyst Sean King maintains a Sell rating on Monster...
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The Street Debates Monster Beverage's Quarter
Friday, May 3, 2019 - 3:04pm | 817Monster Beverage Corp (NASDAQ: MNST) reported a top-and-bottom line beat in its first quarter results but some Street analysts remain convinced a bullish stance on the stock can be justified. The Analysts Stifel's Mark Astrachan maintains a Buy rating on Monster Beverage's stock with a...