Royal Bank of Canada has increased its price target for Monster Beverage (NASDAQ:MNST) from $83.00 to $88.00, maintaining an “outperform” rating. This new target suggests a potential upside of 3.91% from the current stock price. Despite significant insider selling by Director Rodney C. Sacks and Emelie Tirre, the stock holds a “Moderate Buy” consensus rating from analysts, with institutional investors holding a substantial 72.36%.
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Monster Beverage (NASDAQ:MNST) Given New $88.00 Price Target at Royal Bank Of Canada
Royal Bank of Canada has increased its price target for Monster Beverage (NASDAQ:MNST) from $83.00 to $88.00, maintaining an “outperform” rating. This new target suggests a potential upside of 3.91% from the current stock price. Despite significant insider selling by Director Rodney C. Sacks and Emelie Tirre, the stock holds a “Moderate Buy” consensus rating from analysts, with institutional investors holding a substantial 72.36%.