Deutsche Bank Lifts PT on Monster Beverage Corporation (MNST) to $88 From $84

2026-03-06 21:46:41

Deutsche Bank has increased its price target for Monster Beverage Corporation (MNST) to $88 from $84, maintaining a Buy rating. This follows similar upward revisions from Argus and Morgan Stanley, citing the company’s potential for international and domestic revenue growth, strong expansion history, and healthy balance sheet. Despite rich valuations, analysts believe MNST merits a premium due to product innovation and enhanced management execution.

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