Goldman Sachs Sees Big Upside In Monster Beverage

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In a note Tuesday morning, Goldman Sachs raised its price target on Monster Beverage MNST from $87 to $125 and reiterated a Buy rating.

Shares of Monster, which had fallen more than five percent Monday, are firming on the news, trading up slightly.

The new price target of $125 is a 41 percent premium to the current share price of $88.40.

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Posted In: NewsPrice TargetAnalyst RatingsGoldman Sachs
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