RBC Capital Downgrades Monster Beverage To Outperform

Analysts at RBC Capital downgraded Monster Beverage

from Top Pick to Outperform. The price target for Monster Beverage has been raised from $115 to $121. Monster Beverage shares have jumped 88.46% over the past 52 weeks, while the S&P 500 index has surged 14.81% in the same period. Monster Beverage's shares rose 0.76% to $113.00 in pre-market trading.