San Fran, NY attorneys team up to probe Monster, AP reports San Francisco's city attorney and New York state's attorney general began a joint probe last month of Monster Beverage to investigate the company's marketing of its drinks to children, reported Associated Press. Monster shares are down 1% in early trading. 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.