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Fly News Breaks for January 12, 2016
KO, MNST
Jan 12, 2016 | 08:16 EDT
Susquehanna noted Monster Beverage (MNST) will present at an investor event and expects management to outline distribution expansion plans. The firm expects growth in distribution through China, food service, vending, and an ongoing shift to the Coca-Cola (KO) system. Susquehanna, which sees downside risk after the event, maintains its Neutral rating and $151 price target on Monster Beverage shares.
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