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Stock impact report

Monster Beverage +3% on BofA long-term confidence [Seeking Alpha]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Seeking Alpha
Consumer|On the MoveMonster Beverage +3% on BofA long-term confidenceApr. 16, 2020 7:35 AM ETMonster Beverage Corporation (MNST)Clark SchultzBank of America picks up coverage again on Monster Beverage (NASDAQ:"We believe investors willing to look past near-term COVID-19 related disruption to MNST sales (particularly in US convenience stores) will benefit from long-term above industry category growth and a high quality company with a pristine balance sheet that has delivered consistent returns to shareholders over time," updates the firm.Monster is seen continuing to grow faster than peers as the company works with key strategic partner Coca-Cola to drive global category growth.BofA assigns a price objective of $70 to Monster vs. theaverage sell-side PTShares of MNST areup 2.68%See all stocks on the move »Now read:Chance For Coca-Cola Income Investors To Increase Their Income » Show less Read more
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