Why Is Monster Beverage Stock Climbing Friday? - Monster Beverage (NASDAQ:MNST)
NO LOC, AUG 7 – Monster Beverage's net sales rose 11.1% to $2.11 billion, driven by new product launches and expanding global energy drink demand, analyst Bonnie Herzog said.
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Why Is Monster Beverage Stock Climbing Friday? - Monster Beverage (NASDAQ:MNST)
Monster Beverage Corporation (NASDAQ:MNST) shares are trading higher on Friday. On Thursday, the company reported second-quarter results, where net sales increased 11.1% to $2.11 billion from $1.90 billion in the same period last year. Goldman Sachs analyst Bonnie Herzog reiterated the Buy rating on Monster, raising the price forecast from $72 to $73. Also Read: Celsius Holdings Q2 FY2025 Earnings Call Transcript Herzog said expectations were el…
·New York, United States
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Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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