Shares of Monster Beverage Corp (Symbol: MNST) surpassed the average analyst 12-month target price of $63.45, trading at $63.57 as of the latest sessions. This breach signals a potential reevaluation of analyst price targets, with some analysts proposing targets as low as $49.00 and others up to $72.00, indicating a standard deviation of $7.451 across 20 different analyst targets.
Currently, analyst ratings for MNST include 10 “Strong Buy” ratings, 1 “Buy,” and 7 “Hold,” with no “Sell” ratings presented. Two analysts issued “Strong Sell” ratings, resulting in an average rating of 2.15 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.”
