Morgan Stanley Remains Confident in Monster Beverage Following Solid Underlying Results

In a report published Friday, Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating and $78.00 price target on Monster Beverage (NASDAQ: MNST ). In the report, Morgan Stanley noted, “MNST Q4 adj. EPS of $0.44 was below cons. ($0.46) and MS ($0.47), however the underlying quality was strong with