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Fly News Breaks for October 14, 2015
MNST
Oct 14, 2015 | 09:19 EDT
Goldman reiterated its Buy rating and $165 price target on Monster Beverage following yesterday's weakness. The firm said data points could be choppy near-term as Monster cycles last year's Ultra Black launch in 7-Eleven and consumers adjust to higher prices. Goldman recommends buying shares opportunistically and ahead of potential catalysts in early 2016.
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