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Fly News Breaks for April 29, 2015
KO, MNST
Apr 29, 2015 | 07:51 EDT
UBS said Monster Beverage (MNST) remains in good shape fundamentally and raised its estimates, citing better U.S. momentum and better than anticipated benefits from its relationship with Coca-Cola (KO). UBS reiterated its Neutral rating and raised its price target to $148 from $141 and said they are growing more aggressive on Monster shares.
News For MNST;KO From the Last 2 Days
KO
Apr 19, 2024 | 05:46 EDT
JPMorgan lowered the firm's price target on Coca-Cola to $65 from $66 and keeps an Overweight rating on the shares ahead of the Q1 report. The analyst sees a favorable setup for 2024, but is more cautious on volumes in Q1 versus the Street and is not expecting a guidance raise.
