Market Overview

Monster Scaring Jefferies At These Levels

Share:
Related MNST
Watch These 7 Huge Put Purchases In Thursday Trade
Are Investor Concerns On Monster Beverages Misplaced?
Judge tells Monster Beverage to comply with subpoena request (Seeking Alpha)

On the back of the news that Coca-Cola (NYSE: KO) has taken a 16.7 percent stake in Monster Beverage (NASDAQ: MNST), Jefferies downgraded shares Monday from Buy to Hold with a price target of 95.00.

Shares of Monster rose 32 percent last week on news of the deal.

In Monday's pre-market trading, Monster is lower by nearly two percent at $91.48.

Latest Ratings for MNST

DateFirmActionFromTo
Dec 2016JefferiesUpgradesHoldBuy
Sep 2016Credit SuisseInitiates Coverage onOutperform
Aug 2016JefferiesMaintainsHold

View More Analyst Ratings for MNST
View the Latest Analyst Ratings

Posted-In: JefferiesDowngrades Price Target Analyst Ratings

 

Related Articles (KO + MNST)

View Comments and Join the Discussion!