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Jefferies Financial Group Forecasts Strong Price Appreciation for Monster Beverage (NASDAQ:MNST) Stock
Jefferies and other analysts raised targets after Monster Beverage’s 17.6% revenue growth and margin expansion in Q4, signaling notable upside despite valuation concerns.
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Jefferies Financial Group Forecasts Strong Price Appreciation for Monster Beverage (NASDAQ:MNST) Stock
Monster Beverage (NASDAQ:MNST – Get Free Report) had its target price raised by stock analysts at Jefferies Financial Group from $80.00 to $100.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 17.23% from the company’s current price. A number of other equities research analysts also recently …
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