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Fly News Breaks for June 25, 2015
KO, MNST
Jun 25, 2015 | 07:39 EDT
Stifel believes that the sales of Monster's international business can at least triple, driven by the marketing power of large Coca-Cola (KO) bottlers. The firm thinks the bottlers' marketing ability will enable Monster to penetrate new markets, causing the company's 2017 EPS to surpass its estimate by 13%. The firm keeps a $165 price target and Buy rating on the shares.
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