Market Overview

Goldman Says FDA Response to Energy Drink Safety Review 'Encouraging' for Monster

Related MNST
Will Coca-Cola Enterprises Return To Growth In 2015?
Stocks Hitting 52-Week Highs
Not Lovin' It: 'Old Fast Food' Battles to Stay Relevant (Fox Business)

Commenting on the action in Monster Beverage this afternoon, Goldman Sachs analyst Judy Hong called the FDA's response to the energy drink safety issue "generally benign." Hong believes this should be encouraging for Monster. The analyst believes the most likely outcome related to Durbin's energy drink review will be strong labeling, something which is unlikely to have a material impact on Monster.

Latest Ratings for MNST

DateFirmActionFromTo
Nov 2014Stifel NicolausMaintainsBuy
Nov 2014Credit SuisseMaintainsOutperform
Sep 2014ISI GroupInitiates Coverage onBuy

View More Analyst Ratings for MNST
View the Latest Analyst Ratings

Posted-In: Analyst Color Analyst Ratings Movers

 

Related Articles (MNST)

Around the Web, We're Loving...

Get Benzinga's Newsletters