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Stock Market & Financial Investment News

News Breaks
July 1, 2014
08:30 EDTMNSTSruvey results disappointing for Monster Beverage, says Longbow
After conducting a survey last month regarding energy drinks, Longbow reports that the growth of Monster Beverage's sales at C&G locations decelerated significantly versus Q1 and late 2013. The firm reports that Monster is being pressured in some locations by the launch of "alternative" energy drinks. It reiterates a $57 price target and Underperform rating.
News For MNST From The Last 14 Days
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November 24, 2014
10:00 EDTMNSTOn The Fly: Analyst Initiation Summary
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06:24 EDTMNSTMonster Beverage initiated with a Neutral at Longbow
Longbow initiated Monster Beverage with a Neutral based on tougher comps, increased new product competition, and headline risk around health concerns. The firm notes that takeout speculation by Coke offsets downside risk to shares.
November 13, 2014
07:35 EDTMNSTMonster Beverage price target raised to $130 from $110 at Evercore ISI
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