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MNST

Monster Beverage

$43.59

1.91 (4.58%)

12:27
11/22/16
11/22
12:27
11/22/16
12:27

Monster Beverage calls active as shares rally

Monster Beverage calls active as shares rally. The stock is up $1.63 to $45.22 on M&A speculation. 2.5K Jan 48.33 calls traded in the name. Jaun 50, Jan 46.67, and Jan 45 calls are active as well. Total volume is 3X daily average at 13K calls and 1.9K puts. Note that the weird .33 and .67 strikes are the result of a contract adjustment after a 3:1 stock split.

MNST Monster Beverage
$43.59

1.91 (4.58%)

09/16/16
09/16/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GoPro (GPRO) initiated with a Buy at BofA/Merrill. 2. JetBlue (JBLU) initiated with an Outperform at Imperial Capital. 3. PepsiCo (PEP), Dr Pepper Snapple (DPS), and Monster Beverage (MNST) were initiated with an Outperform at Credit Suisse, while the firm initiated Boston Beer (SAM) with an Underperform. Credit Suisse also initiated Coca-Cola (KO) and Constellation Brands (STZ) with a Neutral. 4. lululemon (LULU) initiated with a Positive at Susquehanna. 5. Target (TGT) coverage assumed with a Neutral at Credit Suisse. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/20/16
STFL
10/20/16
NO CHANGE
STFL
Monster Beverage should be bought on recent weakness, says Stifel
Stifel analyst Mark Astrachan continues to expect Monster's sales to rise by at least high single digit percentage levels through at least 2018, partly driven by international expansion and innovation. The analyst attributes recent weakness in the stock to a lack of new products by the company and perceptions of decelerating energy drink growth. But he thinks the U.S. energy drink category "remains healthy," and he says that Monster is poised to offer new products. He recommends buying the shares on weakness and keeps a $185 price target and Buy rating on the stock.
11/04/16
RBCM
11/04/16
NO CHANGE
RBCM
Monster Beverage 'bull case still intact,' says RBC Capital
After Monster (MNST) reported weaker than expected results, RBC Capital analyst Nik Modi blames the miss partially on the company's transition to Coca-Cola's (KO) system. The analyst says that the company was off to a strong start in October, and he continues to believe that its growth will be boosted by innovation. He keeps an Outperform rating on the shares.
11/04/16
STFL
11/04/16
NO CHANGE
STFL
Monster Beverage results 'better than feared,' says Stifel
Although Monster's Q3 results came in below expectations, they were "better than feared," according to Stifel analyst Mark Astrachan. The analyst blames the miss partly on higher expenses and shipment timing. He notes that the company's gross sales accelerated meaningfully in October versus Q3, and he thinks that its U.S. market remains strong. The analyst trimmed his price target on the name to $178 from $185 and keeps a Buy rating.

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