UPDATE: Morgan Stanley Reiterates On Monster Beverage Following Strong Q4 Results
March 03, 2014 at 10:08 AM EST
In a report published Monday, Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating on Monster Beverage (NASDAQ: MNST ), and raised the price target from $78.00 to $85.00. In the report, Morgan Stanley noted, “At Monster, stronger than expected Q4 topline results were clearly favorable, with a US rebound