Fly News Breaks for February 27, 2015
KO, MNST
Feb 27, 2015 | 09:25 EDT
Stifel hiked its price target on Monster after the company reported higher than expected Q4 EPS. The firm expects the stock's multiple to expand and believes that materially better results since the Coke (KO) deal was announced in August 2014 increases the likelihood of an outright acquisition of Monster by Coke, The firm keeps a Buy rating on Monster.
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