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Cowen: Bang's Popularity Continues To Weigh On Monster Energy's Market Share
Thursday, October 17, 2019 - 1:47pm | 314Monster Beverage Corp (NASDAQ: MNST) is seeing pressure from the viral popularity of its competitor, Bang. The Analyst Cowen analyst Vivien Azer downgraded the stock from Outperform to Market Perform and lowered her price target from $69 to $65. The Thesis Highly popular energy drink, Bang, is...