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Stock Market & Financial Investment News

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August 4, 2014
08:50 EDTMNSTMonster Beverage brand equity improving, says Goldman
Goldman's brand survey indicates Monster Beverage's "brand health" has improved, indicating there is room share upside. The firm believes the recent slowdown in energy drink category sales is macro related and that sentiment has gotten overly bearish ahead of Thursday's earnings report. Shares are Buy rated with a $85 price target.
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