Fly News Breaks for March 2, 2015
KO, MNST
Mar 2, 2015 | 08:22 EDT
Cowen raised its price target on Monster Beverage (MNST) to $163 from $130 following its recent quarterly results, which suggest business is firing on all cylinders. The firm also cites Monster's positioning of its brands due to its deal wit Coca-Cola (KO) and it international profitability. Cowen reiterated its Outperform rating on Monster Beverage shares.
News For MNST;KO From the Last 2 Days
KO
Apr 19, 2024 | 05:46 EDT
JPMorgan lowered the firm's price target on Coca-Cola to $65 from $66 and keeps an Overweight rating on the shares ahead of the Q1 report. The analyst sees a favorable setup for 2024, but is more cautious on volumes in Q1 versus the Street and is not expecting a guidance raise.