Monster Beverage to change official status of products, NY Times reports Monster Beverage (MNST) will begin selling its energy drinks as beverages rather than dietary supplements, according to The New York Times. The change will free the company from the obligation of telling federal regulators about reports that link its products to deaths and injuries, the newspaper stated. Reference Link
Monster Beverage upgraded to Buy from Outperform at CLSA CLSA upgraded Monster (MNST) to Buy and raised estimates to reflect higher international growth forecasts from its partnership with Coca-Cola (KO). Price target raised to $130 from $110.