SunTrust Robinson Humphrey Downgrades Monster Beverage To Neutral

Analysts at SunTrust Robinson Humphrey downgraded Monster Beverage

from Buy to Neutral. The target price for Monster Beverage has been raised from $80 to $90. Monster Beverage shares have surged 29.23% over the past 52 weeks, while the S&P 500 index has gained 19.79% in the same period. Monster Beverage's shares rose 1.19% to $89.49 in pre-market trading.