Monster Beverage estimates trimmed at Longbow Longbow said negative headlines in the energy drink sector are having some negative impact on demand. The firm does not believe materially negative legislation is likely but trimmed estimates due to slightly lower volume growth. Shares are Neutral rated.
News For MNST From The Last 14 Days
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Study finds adverse heart events associated with energy drinks, ScienceWR says A study presented at the European Society of Cardiology congress concluded that caffeinated energy drinks can be associated with several adverse heart conditions including angina, cardiac arrhythmia and sudden death, reported Science World Report. Monster Beverage (MNST) markets energy drinks and recently struck a deal to acquire additional energy drink brands from Coca-Cola (KO). PepsiCo also markets energy drinks. Reference Link