Monster Beverage price target raised to $98 from $82 at Credit Suisse Credit Suisse raised Outperform rated Monster Beverage (MNST) estimates and increased its price target to $98 following analysis of the Coke-Cola (KO) transaction.
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